we did reach out to aetna by the way and got no response and i should disclose aetna is my health carejust want to assume my policy was canceled right now. kidding. >>> to the snow job on jobs. no matter where you live this winter nightmare is getting big. really big. >>> all right. after the dumping on to digging out millions of americans trying to shovel and salt their way out of the second major snowstorm this week, but a widespread salt shortage is making matters worse. molly is outside logan airport in boston. molly? >> neil, about 2700 flights have been canceled all across the country and around 3500 have been delayed. here at logan airport about half of the flights have been delayed or canceled so it's been a big mess. we've seen that domino effect across the country. this snow we've seen all winter long has had a domino effect and costs communities and states quite a bit of money. they've been hit hard in massachusetts spending $61 million but that actually, despite how big that number sounds, doesn't compare to years previous. $92 million spent last year and in '09 $127 millio

so aetna certainly perhaps a little bit of a drag, although not by much.over to you. >> dom, thanks very much. last month aetna ceo said in davos there's a possibility his company will have to pull out of obamacare. here's part of that exchange with the "squawk box" crew. >> our big question is may 15th we have to commit rates for 2015. >> right. so will those rates go rapidly higher? >> we going to get beat up because they're double digit, or are we going to have to pull out of the program? those can't be answered until we see the population we have today. >> well, joining us now for more on his company's involvement on the health care act is mark bertolini, the ceo of aetna. i know that was just a few weeks ago. do you have a clearer sense yet? can you tell us what you'll do with obamacare at this point? >> no, not yet, bill. the enrollment grows every day. we have more members now than we did then. almost 40,000 more paid members. so for us, we know the questions that need to be answered. we know the day we need to answer those questions. until we fill

now, tomorrow at 3:00 p.m., an exclusive interview with mark bertolini, the ceo of aetna.upfront about the problems with obamacare and even suggesting that at one point that aetna will pull out of the entire system. >>> we're going to look at your money with two top investors next up and please don't forget, cnbc will be your curling headquarters for the olympics. that starts next week. as you can see, the kudlow team is already in training camp. we'll be right back. let's all curl together. [ male announcer ] the new new york is open. open to innovation. open to ambition. open to bold ideas. that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. ♪ every now and then i get a little bit hungry ♪ ♪ and there's nothing good around ♪ ♪ turn around, barry ♪ i finally found the right snack ♪ [ female announcer ] f

>>>ette the nation's third largest insurer, aetna, said so far customers signing up for the health plans are older and more expensive. senior ceo addressed some of the uncertainties surrounding the affordable care act. >> we need to get the back end accounting systems working properly. we need to understand where we're headed with a number of programs like any willing provider. are we going to require to have a larger network than the ones we have today. secondly, are we going to require to keep people keep what they have for another year or more. all of those questions need to be answered in anticipation of understanding the data we need to know in order to price products properly for 2015. >> the stock missed out on today's rally, falling slightly to 67.92. >>> a lot of attention on linked in after the market closed. investors were disappointed that the company's revenue forecasts for the current quarter and for 2014 were lower than expected. and even those company posted earnings that were higher than estimates, investors dumped the stock in after hours. but in the regular session, sh

aetna is the latest one. companies for several reasons. one, when you tell an insurance company that you have to insurer people and you can't make exclusions for pre-existing conditions and you can't make any lifetime limits, that's really an unheralded, just blank check that you've asked the insurance company to sign. insurance -- people forget it works on a regulated basis. it's a highly regulated industry. if they make too much money, the state regulators will go in and say you're charging too much. if they don't make enough, the state regulators will say you have to charge more because you don't have enough assets to cover your potential losses. >> are they not thinking this through? when you think about the pre-existing conditions, i could get injured, i could not have insurance. i could be injured, in the ambulance make the phone call and sign up for obamacare. >> suppose you called and said i'd like to insurer my home. what kind of home do you have? well, until it burned down yesterday, it was a very n

also, aetna now covers the use of the zia for monitoring patients >> great.oing great. >> yes. >> let's update the weather forecast. >> okay. we're going to start with a time lapse view this afternoon. looking at clouds traveling in the sky across the bay. notice clouds shadows and bay waters there. clouds added beauty to the skies. here is live doppler 7 hd. cloudy skies and looking ahead to toerj state wide conditions will be mainly sunny skies with clouds around. but not enough to make it a cloudy day. cool up north and down south, pleasant, highs in the 60s here in the bay area after chilly overnight, we'll have a mainly sunny afternoon tomorrow. again just a few clouds around. high temperatures mid to upper 50s here is the accu-weather forecast. we'll have showers coming in late wednesday into early thursday. then, a frosty morning friday as well as sdachl then rain again on sunday into monday. so we have a couple rain events coming our way and a different pattern. >> yes. an active pattern, finally. >> yes. >> so maybe active with heavier rainfall. >> y

also, aetna now covers the use of the zia for monitoring patients >> great.'s update the weather forecast. >> okay. we're going to start with a time lapse view this afternoon. looking at clouds traveling in the sky across the bay. notice clouds shadows and bay waters there. clouds added beauty to the skies. here is live doppler 7 hd. cloudy skies and looking ahead to toerj state wide conditions will be mainly sunny skies with clouds around. but not enough to make it a cloudy day. cool up north and down south, pleasant, highs in the 60s here in the bay area after chilly overnight, we'll have a mainly sunny afternoon tomorrow. again just a few clouds around. high temperatures mid to upper 50s here is the accu-weather forecast. we'll have showers coming in late wednesday into early thursday. then, a frosty morning friday as well as sdachl then rain again on sunday into monday. so we have a couple rain events coming our way and a different pattern. >> yes. an active pattern, finally. >> yes. >> so maybe active with heavier rainfall. >> yes. yes. >> we needed it t

and aetna recently announced it would increase its coverage of the drug to customers. ♪ >> welcome backsecond half-hour of "bottom line." i'm mark crumpton. let's check some of the top stories this hour. mcdonald's reported better than estimate a global top store sales will stop sales in the u.s. were down, but up in europe, asia, and africa. mcdonald's also opened its first restaurant in vietnam over the weekend. it served point thousand customers per day in its first two days of business. 20,000 customers per day in its first two days of business. president along this pending the day with president obama -- president hollande is spending the day with president obama. the two leaders will seek to deepen their military alliance to combat terrorism. the atlanta area is bracing for another storm, similar to the one that stranded thousands of drivers and schoolchildren two weeks ago. the city's suburban a big -- may get up to three inches of snow in the next few days. it is time now for the commodities report. su keenan is in the newsroom with details. >> two big movers in commodities, ene

shares of aetna are hitting new all-time high after the company announced a additional one bill dollaryback. declaring a quarterly cash different vend of2 cents a share. cheryl: time for the retail round up. sandra smith with today's trade. sandra, deckers, disappointing big. >> they're saying ugg, because the backlog at deccaers, they make ugg boots and backlog was 24%. everybody is buying boots. they're a bit confused by the cautious outlook deckers is putting out there. maybe it's a little conservative. so they did lower their price target to $95 a share. 95 bucks for a stock at $74. they're keeping their buy rating regardless of cautious outlook. deckers is down 12%, down more than 12% on the session at 74 bucks. also, gap. this is really interesting one. gap also a little bit of a weak outlook. gap saying they're opening the first old navy store ever in china, opening some new stores. so gap shares up about a third of a percent here. and target getting two price target upgrades, one of which coming from goldman sachs can. stock is up a handsome 3.5%. look at target shares here. re

so if you work for aetna, now aetna doesn't have to provide your insurance. you can get it through obamacare. which means if you are staying with a company just for insurance you're not going to do that anymore. you don't have to. then the amount decreases of hours. we're really talking about hours here. jon: right. >> and it seems that, if we're talking about hours, we're also talking jobs, but that isn't quite the message that some of the media are giving. jon: judy, you had a thought. >> no, exactly, i was going to say exactly the same thing. modest, by the way, if they said modest drop projected, that would have been one thing but, you know, once again where you sit on obamacare determines how you're going to read the cbo report. jon: yeah. well again -- >> after 2016, elections, jon, we're going to see this all the time. this report is not going away. jon: yeah, again, pretty pathetic jobs report just out this morning and it doesn't seem like this economy is ready to take fire anytime soon. a lot of jobless people out there right now. judy miller, lauren

>> well, liz and david, this means billions of dollars to private insurance companies like aetna, unitedhealth-- humana. they can select the private plans instead of medicare and government reimburses the insurance companies. the payment rates are at issue because obamacare requires government to cut hundreds of million of dollars from medicare advantage and spends it on insurance subsidies. insurance companies embrace for cuts in government reimbursements 6 or 7%. lawmakers are asking the administration hold back on implementing the full cuts. insurance companies pushing back for valuable voting bloc. ahip, insurance lobby, seniors and people enrolled in medicare advantage plans could see benefit reductions and people one increases of 75 to $135 per month or 420 to $900 next year if medicare advantage payments are reduced 6% in 2015. that is according to new analysis by oliver wyman, prepared for the american health insurance plans lobby. s&p capital analysis says insurance companies have taken steps to offset rate cuts cutting benefits within medicare advantage to narrow provider networks to

the president of aetna said we don't know what our premiums are going to look like. lots of unknowns. >> i want to stay with this payment business. it's very, very important. the insurance companies can't be sure that the customers paid. they don't know if it's the right amount that the customer is paying. they don't know if it's the correct subsidy that the customer is paying. now, question to you, are the insurance companies eating the difference or the potential loss? are they doing that or are they just saying no to the customer? >> well, for the time being, they have a lot of incentives to eat the loss. my colleague scott gottlieb pointed out, insurers are quietly saying they would be taking serious losses on the exchanges right now if it wasn't for the reinsurance, the quote/unquote bailout provisions that redirect taxpayer funds to them to help cushion them against losses. so the way the risk pools are shaping up right now, sicker, older, poorer than expected, those can lead to serious losses in the long term at least if the taxpayer was not there to bail them

we're going to hear from humana and aetna. it is not best of breed. well point is best of breed. chris in pennsylvania, chris? >> caller: hi, jim, boo-yah, pennsylvania. >> hey, how you doing, chris? >> caller: good. good. we just got about an -- i don't know, maybe a foot of snow here. so i was calling to ask you a general opinion on the stock gnrc, it's been beaten up in the past couple of months. >> generac needs big storms that shut down power. because it's a momentum stock. and we haven't had that. now, you had a foot of snow in philadelphia, it's really, really tough. but you need to be a shutdown of the grid in order for people to go buy generators and that hasn't happened, so generac sales may not be equal to what the momentum people want. can i go to alan in north carolina, please, alan? >> caller: hey, jim, this is allen, i wanted to talk to you about trena solar. i was wanting to know what you think about it. which way you think it sold -- >> well, i happen to like first solar. i think they told a very good story. nobody cares right now. allen, you could have the great

. >> something very similar with aetna as well. aetna saying for 2014, we will decide at the end of this year if we're going to be in the game. this is the third biggest insurer in the country. we're going to decide if we're going to stay in the game of obamacare because they're losing money. >> if you're someone who understands business, you look at someone like tim armstrong, incredibly successful across the board, talking the reality of money, if you're taking it from one place it's got to go somewhere else. if it goes somewhere else, you've got to take it from another place. what he's saying essentially, it's going to fall on the backs of those that work there. this is no other choice if you're looking at a company what to do. possibly no matching of 401(k)s. hundreds of thousands of companies across the board are facing decisions like this. if aol is facing decisions like this, you know companies across the nation are. >> absolutely. the administration has been hit this week with a lot of bad news. first couple of days ago, th

a couple of stocks we're watching for you,,the health insurance aetna missed all important expectations6%. we've got mixed results from kellogg. yeah, it it made a profit, but the amount of money that came across the transom went down, but it's down 2 1/2%. we spoke a lot on this program about the last cbo report that claimed that jobs will be cut because of obamacare. my next guest is refuting those claims, saying it's not that jobs will be cut, but rather, people will be given the choice not to work. let's bring in fox news contributor. julie. >> he yes. stuart: this morning we hear that 331,000 people filed first time unemployment claims. i take it it you're rejoicing because those people have now been liberated from the rigors of having to go to work and you and i and sandra sitting right here, we should be really delighted that we are going to work and we are supporting those people who are now pursuing those dreams. >> let me quote back to you, somebody like your hero paul ryan, and mitt romney and others who complained for many years about the thing called job loss and people had

aetna, gm, 20th century fox, and aol. we will pay close attention to aol, because the ceo of the company, tim armstrong, will be on later with us. after the bell, news corporation, linkedin. the olympic guys begin today in sochi. one guy is trading three lightbulbs for a doorknob in his room. data check. equities, bonds, currencies and commodities. one screen today. futures are up nine points. the yield is back up, a good sign. calming the market at 2.67. your wreck -- euro goes nowhere. here is what i am looking at ahead of tomorrow's jobs report, dollar-yen. weaker yen over the recent months. a little bit of a rollover here to 100 one this morning. a busy day. the twitter news last night was something. we scour the pages of the web. >> this is certainly one of the top stories, but we want to start with disney. profit climbed 33%, beating analyst estimates. credit goes to " frozen" that every little girl and apparently tom knows pretty well. let her go ♪ go, g >> he has been spotted singing on the sidewalks of new york.

we spoke to your counterpart at aetna yet and one of the issues they've been struggling with whetherable to raise premiums enough to continue their participation in the obamacare plans and programs. what can you tell us about the estimates that you guys have if you'll have to similarly raise prices or face the potential of pulling out of some states? >> for cigna, the public exchanges are a very small portion of our overall portfolio. that's a historic issue. we did not participate in the small employer and individual market by way of history. so, this presented a new market opportunity for cigna. we entered five states in a limited number of cities in those states, and think about that order of magnitude, maybe 20,000 new customers in 2014 for the month of january, on the public exchanges. so, very small and very focused. we're going to continue to monitor the performance of that and determine whether or not we expand or contract that going into 2015. at this point it's a very small portion of our portfolio. we are cautious because there's a lot of moving parts within that as relate

that would be a terrible scenario because it wouldn't just be aetna, obviously other big insurers wouldrance companies. so that would be very worrying were it to happen. that sounds to be more like a vailed threat to the white house. >> fewer choices, higher costs, you can't keep your plan or your insurer possibly, so not a lot has gone as planned for obamacare. what else are you going to be talking about on "fox news sunday"? >> we are going to be talking about obamacare and the gop flip on immigration reform. last week it looked like they were all in on immigration reform in the house. now they are saying probably not this year. we'll talk to two senate leaders, roe blunt of missouri, and ben cardin of maryland. and then we'll talk about terror threats at the olympics and the worsening situation in syria. you can see we'll talk to michael mcclellan just back from sochi and the democratic member adam schiff. >> thank you, chris. >>> coming up, a race car explodes with a driver still inside. this morning, that lucky driver is living to tell the tale. >>> and then finding love with a swi

aetna had some problems, we never got worked out. still, i had more freedom of choice before. mr. speaker, the bottom line is when the federal government has become so big and so intrusive that it gathers everyone's phone logs in the united states , can check into any phone calls made by anyone in the and the ytime, federal government gathers everyone's most personal medical information, when the federal government gathers people's debit and credit card when ses to protect them, the federal government can use drones to monitor, can monitor email activity, websites visited and then that same government can say we're not going to follow these laws because we don't like them, don't think they're proper and we're going to change the law over here because congress didn't and we prefer to have a law that says this so we'll follow that, then it's no wonder that a constitutional turley, like jonathan liberal as he is, would express dire concerns about how long we can maintain this country. we owe the american people an obligation to proper oversight, force them to follow the law. and with