UPDATE 1-Aetna CEO says 2015 Obamacare rates to rise less than 20 pct

[Antares]

Reuters) - Health insurer Aetna Inc is submitting premium rates to regulators for Obamacare insurance plans for 2015 that generally increase less than 20 percent from 2014, its Chief Executive Officer Mark Bertolini said on Wednesday.

UPDATE 1-Aetna CEO says 2015 Obamacare rates to rise less than 20 pct | Reuters

Here we go.

 

[CrusaderFrank]

That's bending the costs down, right [MENTION=23929]Greenbeard[/MENTION]

 

[JakeStarkey]

Bertolini said the 2014 outlook takes into account that Aetna customers were disenrolling from exchange plans on a regular basis. While he didn't know why they were leaving, he suspected it was due to out-of-pocket costs before members reach their deductibles. UPDATE 1-Aetna CEO says 2015 Obamacare rates to rise less than 20 pct | Reuters

The company is not being competitive. Bertolini can expect greater plan switching.

Those working for the company better start looking elsewhere for jobs.

 

[Antares]

Thats the first shot Jake the rates are going up.