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Member since: Thu Dec 30, 2004, 03:05 PM
Number of posts: 15,725

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Sanders: Aetna's Obamacare Threat Shows What "Corporate Control Looks Like"


Healthcare giant Aetna directly threatened the federal government by vowing to pull out of Obamacare if its proposed merger to Humana was not approved, revealed a letter by the company's CEO sent in July and reported on Wednesday.

The letter, obtained by the Huffington Post through a Freedom of Information Act request, proves what many observers have suspected and what the company has been denying: that its decision to pull out of most of the Affordable Care Act (ACA) health exchanges was a bargaining chip in its effort to achieve the controversial merger.

Aetna's threatening letter was authored by Aetna CEO Mark Bertolini, who would have "personally up to $131 million" if the Humana merger had gone through, as International Business Times reporter David Sirota observed last month.

The Justice Department sued to block the merger last month.

Bernie Sanders tweeted a link to the Huffington Post's reporting, calling the article a "must-read" and condemning the government for giving so much power to corporations like Aetna:

Sanders revs up ‘public option’ fight after Aetna leaves ObamaCare


The senator said he will reintroduce his legislation to create a “Medicare-for-all” system in the next session of the Senate, “hopefully” after Democrats regain control of the chamber.
“In my view, the provision of healthcare cannot continue to be dependent upon the whims and market projections of large private insurance companies whose only goal is to make as much profit as possible,” Sanders said in a statement Tuesday. “That is why we need to join every other major country on earth and guarantee health care to all as a right, not a privilege,” he said.

Aetna announced late Monday it would pull out of ObamaCare exchanges in 11 states, including Arizona, Florida and Texas. The company’s CEO, Mark Bertolini, cited $200 million in losses over the past few months as a major reason for the move. The insurer’s high-profile departure is a major blow to the law. Still, longtime public option proponents believe they have a new opportunity to take aim at the healthcare law's heavy reliance on insurers for coverage.

Sanders, who battled Hillary Clinton in a close Democratic presidential primary before conceding last month, has long fought for a government-run insurance plan, which he says would wrest healthcare coverage out of the control of private insurers. In his statement Tuesday, Sanders slammed insurers like Aetna for pulling out of the exchanges “despite the Affordable Care Act bringing them millions more paying customers than ever before.”

“These companies are more concerned with making huge profits than ensuring access to healthcare for all Americans,” he said.

Liberal Democrats have been increasingly vocal about the need for a public option push next year, with growing hopes that Clinton will win the White House and Democrats will take back the Senate. Sanders is hoping to become chairman of the powerful Senate Health, Education, Labor and Pensions Committee, which would give him a high podium in a healthcare fight.

Still, the fight would be taxing for a Democratic Party that has painful memories about the ObamaCare battle in 2009 and 2010. The fight over the law — which passed without any Republicans — was a key factor in the GOP wave the 2010 election cycle, costing the Democrats their majority in the House.

Looking forward to Hillary's leadership on this important issue.

Can we be sure that she will support at least a public option and lowering Medicare eligibility to 55 as she has stated?

EDIT: from her recent speech - "I’ve also said I will defend and improve the Affordable Care Act, and for me, that includes giving Americans, in every state, a choice of a public option health insurance plan that will help everybody afford coverage, it will strengthen competition, and drive down costs."

Anyone else noticed that without Senator Sanders, discussion of issues has all but disappeared?

I'd love to see more posts about Hillary's plan to lower Medicare age to 55, and give us a public option, than outrage about dumbf*ck Don's constant idiotic remarks....

Anybody got Hillary's strongest statement against the TPP?

Where we agree (Part 1): A Public Option & lowering Medicare age to 55.

We all agree on this, right?

That's not to say many of us still want single-payer in the future; I'm just confirming that we all agree to work towards getting a public option in obamacare, as well as lowering the Medicare age to 55, right?

EDIT: it's in our platform

What are Tim Kaines policy positions?

For or against:

War in Middle East
Military spending
Social security expansion
Public option
Medicare for all
College for all
Fight for 15
Curbing police violence
Drug war
Increase taxes on hoarding class
Reinstating Glass-Steigal
Breaking up Banks
Wall Street reform

Kingsley Attorney: If they accidentally shot my client while trying to protect him, why did they put

him in handcuffs afterwards?

From an interview this morning by Michaela, HLN

Dutch woman jailed in Qatar after reporting rape convicted of 'illicit sex'


According to Brian Lokollo, a lawyer who was hired by the woman's family, Laura was at a hotel bar having drinks with a friend in the Qatari capital, but then had a drink that made her feel "very unwell."

She reportedly woke up in an unfamiliar location and realized "to her great horror" that she had been raped after her drink was spiked, Lokollo said.

When she reported the rape to the police, she herself was imprisoned."

Progressives have not held this much political power since FDR. We will decide the general election.

The question is, what policy positions will be endorsed by whom in order to bring out our clout???
Posted by grahamhgreen | Thu Jun 9, 2016, 03:59 PM (4 replies)

Bernie wins more pledged delegates than Clinton!

Is my prediction!

We are headed for the biggest political upset in modern history!

Vote Bernicrats!!!! Guide: http://www.voteprogressiveca.com
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