Aetna has picked up 600,000 customers thanks to the Affordable Care Act. But is the company any more profitable? CEO and Chairman Mark Bertolini couldn’t say for sure.
Speaking this week on CNBC’s The Squawk Box, Bertolini admitted he was unsure if customers who signed up through Obamacare’s federal and state-run insurance exchanges would yield any noticeable profit margins.
“We don’t know what their margins are,” he said of Americans signing up for Obamacare health plans that Aetna offers in 17 states.
Aetna CEO says he’s unsure whether Obamacare customers will be profitable.
“We know they are sicker. We know 87 percent of them are subsidized. We know they are older, so we expect them to use more health care,” Bertolini said.
dailysign.al/1meSWbn
Speaking this week on CNBC’s The Squawk Box, Bertolini admitted he was unsure if customers who signed up through Obamacare’s federal and state-run insurance exchanges would yield any noticeable profit margins.
“We don’t know what their margins are,” he said of Americans signing up for Obamacare health plans that Aetna offers in 17 states.
Aetna CEO says he’s unsure whether Obamacare customers will be profitable.
“We know they are sicker. We know 87 percent of them are subsidized. We know they are older, so we expect them to use more health care,” Bertolini said.
dailysign.al/1meSWbn
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