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Aetna claimed this summer that it was pulling out of all but four of the 15 states where it was providing Obamacare individual insurance because of a business decision — it was simply losing too much money on the Obamacare exchanges.
Now a federal judge has ruled that that was a rank falsehood. In fact, says Judge John D. Bates, Aetna made its decision at least partially in response to a federal antitrust lawsuit blocking its proposed $37-billion merger with Humana. Aetna threatened federal officials with the pullout before the lawsuit was filed, and followed through on its threat once it was filed. Bates made the observations in the course of a ruling he issued Monday blocking the merger.
Aetna executives had moved heaven and earth to conceal their decision-making process from the court, in part by discussing the matter on the phone rather than in emails, and by shielding what did get put in writing with the cloak of attorney-client privilege, a practice Bates found came close to "malfeasance."
Source:
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-aetna-obamacare-20170123-story.html
At what point does arbitrarily screwing with the healthcare of millions of people rise to the level of criminality?
(Score: 2) by AthanasiusKircher on Tuesday January 24 2017, @05:06PM
Agree that he won't say he was wrong.
But that's a different thing from "standing behind it forever." Or did you miss all those times in the campaign where he said one outrageous thing in the morning, but by the afternoon when the media came back and asked him, he'd claim he was misunderstood, or the media doesn't understand sarcasm, or even just blatantly claim he never said what he had previously said?
(Score: 0) by Anonymous Coward on Wednesday January 25 2017, @07:08PM
Two from just the last week:
I would have won the popular vote if it wasn't for the millions of fraudulent ballots cast.
The numbers of people at his inauguration as compared to other presidents.
You see him EVER changing his tune on either of those?