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Mar 10, 2017
03/17
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aetna's ceo bertolini's deposition aetna's counsel stated that if aetna was not happy with the resultsf an upcoming meeting regarding the merger, we're just going to pull out of all of the exchanges." the judge pointed to a smoking-gun letter from aetna's ceo to the justice department antitrust division. quoting the aetna ceo "we believe it is very likely we would need to leave the public exchange business entirely and plan for additional business efficiencies should our deal ultimately be blocked." now, it's also true aetna had been losing money in the new exchanges, but it must have been expecting that to change. as late as july 19, 2016, the company was still planning to expand its footprint to as many as 20 states. but, after the justice department sued aetna to block thmergerith humana, aetna announced it would cut its participation in the exchanges from 15 states to four. and that's when its ceo subsequently unleashed the death spiral remark. joining me now, congresswoman karen bass of california. congresswoman, your colleagues across the aisle have been making a lot of the death
aetna's ceo bertolini's deposition aetna's counsel stated that if aetna was not happy with the resultsf an upcoming meeting regarding the merger, we're just going to pull out of all of the exchanges." the judge pointed to a smoking-gun letter from aetna's ceo to the justice department antitrust division. quoting the aetna ceo "we believe it is very likely we would need to leave the public exchange business entirely and plan for additional business efficiencies should our deal...
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Mar 17, 2017
03/17
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KYW
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what happened when mount aetna sprang a surprise. >> reporter: mount aetna has been putting on an impressivefor days. spewing lava and steam, but no one expected this. the massive explosion was caught on camera by a bbc crew. piping hot volcanic ash and rock rained down as tourists and the crew fled. one reporter described it as running down a mountain being pelted by rocks, dodging burning bolders and boiling steam. a camera woman shook burning embers off her back. she later tweeted a photo of the hole burned in her jacket. at least ten people were injured from flying debris, taking shelter in a passing snow cap. the blast is what's known as a freto mag matt i can eruption rock hitting colder snow. police responded for what was a lucky escape for everyone. there are always risks involved getting close to an active volcano, but experts tell us this sort of explosion is a rare event. it takes a perfect storm of circumstances for it to occur. seth doan, cbs news, rome. >> well, saint patrick did not drive the snakes out of brazil, but his feast day is not forgotten there. rio's famed christ th
what happened when mount aetna sprang a surprise. >> reporter: mount aetna has been putting on an impressivefor days. spewing lava and steam, but no one expected this. the massive explosion was caught on camera by a bbc crew. piping hot volcanic ash and rock rained down as tourists and the crew fled. one reporter described it as running down a mountain being pelted by rocks, dodging burning bolders and boiling steam. a camera woman shook burning embers off her back. she later tweeted a...
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Mar 16, 2017
03/17
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MSNBCW
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united and aetna pulled out in many markets. we're seeing the insurers pulling out to the point that some states have only one insurer left. with humana's recent announcement that they are pulling out in 2018 there are areas like in tennessee where there are zero insurers left. this law is not getting better, it's getting worse, and the premium increases that we're being told to expect next year if we do nothing will be even higher than this year. that means it spirals -- >> to correct you on that one. there are many analyses that say this was the corrective year on premium increases and now you'll have a stable market going forward. we have had three years of this -- >> that's not what we're hring from the insurers. why would humana pull out if that's the case? >> they may have their own budget and merger reasons. there are a lot of other business decisions. >> they were the sole insurer in the area. they were a monopolist. if you are a monopolist, you probably don't want to give it up unless you can't make money in a monopoly.
united and aetna pulled out in many markets. we're seeing the insurers pulling out to the point that some states have only one insurer left. with humana's recent announcement that they are pulling out in 2018 there are areas like in tennessee where there are zero insurers left. this law is not getting better, it's getting worse, and the premium increases that we're being told to expect next year if we do nothing will be even higher than this year. that means it spirals -- >> to correct...
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Mar 24, 2017
03/17
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CSPAN
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the atlanta journal constitution, aetna, to pull out of -- aetna to pull out of georgia's obamacare marketplace. many counties in georgia now, mr. speaker, only have one insurer to choose from. humana's announced it's pulling out. union leader in new hampshire, another a.c.a. failure, bad idea, keeps getting worse. over in kaiser health news in arkansas, largest u.s. health insurer pulls out of health exchanges in georgia and arkansas. from "the washington post," aetna chief executive says obamacare is in a death spiral. and from the courier tribune had north carolina, blue cross projects $400 million loss in a.c.a. in just two years. mr. speaker, while we could argue about whether we correctly identify the problem to begin with, while we can argue about whether or not we crafted the right solution to begin with, what's undisputed is that the affordable care act is failing and it is taking american families down with it. that's not just the newspapers talking, mr. speaker. i'll quote from former president barack obama. in august of last year. he says, despite this progress, he's talking about t
the atlanta journal constitution, aetna, to pull out of -- aetna to pull out of georgia's obamacare marketplace. many counties in georgia now, mr. speaker, only have one insurer to choose from. humana's announced it's pulling out. union leader in new hampshire, another a.c.a. failure, bad idea, keeps getting worse. over in kaiser health news in arkansas, largest u.s. health insurer pulls out of health exchanges in georgia and arkansas. from "the washington post," aetna chief executive...
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Mar 16, 2017
03/17
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is the third time in under three weeks that aetna has arrested.ence correspondent rebecca morelle was there with this report. >> i was with the bbc group filming a lava flow from a recent spate of volcanic activity. snowhe law the mixed with causing a first a small explosion -- lava mixed with snow at first causing the small explosion, then a larger one. it pelted us with rocks and boulders and steam. everyone ran trying to reach the snowmobiles. to get to safety. with cuts andleft burns and bruises. >> have you seen the others? >> a guide suffered a dislocated shoulder. a volcanologist with is that it was the worst incident he had experienced during his 30 year career, and that we were lucky that no one was left serious injuries. dramatict aetna's corruption, the third in three weeks. you're watching "bbc world news america." still to come on tonight's program -- congao you get when two spent from opposing parties to the open road? thanks to a snowstorm, we found out. susan did not have an easy time follow her passion for the planets. going up in
is the third time in under three weeks that aetna has arrested.ence correspondent rebecca morelle was there with this report. >> i was with the bbc group filming a lava flow from a recent spate of volcanic activity. snowhe law the mixed with causing a first a small explosion -- lava mixed with snow at first causing the small explosion, then a larger one. it pelted us with rocks and boulders and steam. everyone ran trying to reach the snowmobiles. to get to safety. with cuts andleft burns...
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Mar 24, 2017
03/17
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CNBC
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former aetna ceo ron williams will tem us whll us what it mea insurers.onson wi johnson will why he's voting for the healthcare bill. stay trun uned you're watching "squawk box." >>> time for the executive edge. listen up to this. theranos founder elizabeth holmes plans to give out her shares of her personal stake in the country to investors who promise not to sue the company or her. that's according to a "wall street journal" report online. investors in the latest funding rounds could get about 2 additional shares for each one they bought. addre the journal says theranos's board approved the deal last month, but this is like, hey, you have something worth zero dollars, let me give you two more sozero dollars. >> two times zero is zero. >> and in the meantime you can't sue me. here's some more zero dollar bills. >> of course the partner fund will still sue theranos. that will be a big case. >>> twitter is considering creating a premium subscription service allowing paying users access to data tools. they are reaching out to see if anyone is interested in
former aetna ceo ron williams will tem us whll us what it mea insurers.onson wi johnson will why he's voting for the healthcare bill. stay trun uned you're watching "squawk box." >>> time for the executive edge. listen up to this. theranos founder elizabeth holmes plans to give out her shares of her personal stake in the country to investors who promise not to sue the company or her. that's according to a "wall street journal" report online. investors in the latest...
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Mar 16, 2017
03/17
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. >> and amazing new video out of mount aetna in sicily, beautiful by dangerous. ten people hurt. tourists have been drawn to aetna to observe the eruptions there caught by surprise when lava hit snow, though. causing explosions of steam. mount aetna has been active for the past two days. >> back here in the bay area, a big change in the weather. cooler this morning and the fog was really hanging around. you might have noticed it this morning. live look at san jose on the left there, and the bay bridge on your right. meteorologist kari hall is tracking the changes. kari, how much cooler? >> it will be just a few degrees cooler starting out but actually warming up quite a bit as we go through the day. so, a big contrast in temperatures from the morning into the afternoon and as we get more clearing across the bay area, temperatures will be warming up. here's that live look outside at san jose. you are seeing that it is a beautiful day, only 62 degrees right now. but it is a couple of degrees warmer than yesterday at this time. and looking at the trend as we go through the day, goin
. >> and amazing new video out of mount aetna in sicily, beautiful by dangerous. ten people hurt. tourists have been drawn to aetna to observe the eruptions there caught by surprise when lava hit snow, though. causing explosions of steam. mount aetna has been active for the past two days. >> back here in the bay area, a big change in the weather. cooler this morning and the fog was really hanging around. you might have noticed it this morning. live look at san jose on the left...
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Mar 27, 2017
03/17
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WCAU
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. >> we'll point out the president of aetna and you will lose coverage and that's a death spiral.isagrees and i know she wants to jump in here. >> i appreciate her reticence. >> we know aetna lied and we've had a federal uj j say aetna lied and they pulled out for other reasons and insurance companies raised premiums and it's what they do, and the congressional budget office made it quite clear the affordable care act is not, not collapsing and not in a death spiral. it's not. >> i want to quickly get to pau there a subtle campaign going on with some people in this white house to >> i don't know about that, but i was stunned whoad been in thin process, well, t difference being an opposition party and a majority parin progress and he also said it's . to come to the american people in stralgz and say it was on party and being a realize majority party. i think that credibility away from him, quit mulvaney essentially saying the frre t establishment? that's odd blame game here you tok note. ll without a core ervative heale conbehind it which i think was essal blame the tea partiers, b
. >> we'll point out the president of aetna and you will lose coverage and that's a death spiral.isagrees and i know she wants to jump in here. >> i appreciate her reticence. >> we know aetna lied and we've had a federal uj j say aetna lied and they pulled out for other reasons and insurance companies raised premiums and it's what they do, and the congressional budget office made it quite clear the affordable care act is not, not collapsing and not in a death spiral. it's not....
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Mar 9, 2017
03/17
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that's ron williams, former ceo of aetna. >>> breaking news on fbi director james comey. what's going on? >> reporter: bill, we've been talking all week about the trump tweets last weekend with the wild accusation that president obama had tapped his phones at trump tower. nobody believes that accusation. privately james comey has expressed exasperation that donald trump made that allegation which, of course, would be a felony if president trump did it and if the fbi was involved. our colleague has confirmed that james comey was on capitol hill briefing senior senators a few moments ago on issues related to trump tower. now we can only presume that he is telling them what he's told colleagues privately, which is there's nothing to what donald trump has claimed, but we haven't heard that from the senators yet. we would anticipate those senators, of course, who are investigating the broad range of allegations concerning russia and possible connections to donald trump's campaign and their hacking during the election, those would also be relevant topics of that discussion. but
that's ron williams, former ceo of aetna. >>> breaking news on fbi director james comey. what's going on? >> reporter: bill, we've been talking all week about the trump tweets last weekend with the wild accusation that president obama had tapped his phones at trump tower. nobody believes that accusation. privately james comey has expressed exasperation that donald trump made that allegation which, of course, would be a felony if president trump did it and if the fbi was involved....
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Mar 27, 2017
03/17
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. >> we'll point out the president of aetna and you will lose coverage and that's a death spiral.agrees and i know she wants to jump in here. >> i appreciate her reticence. >> we know aetna lied and we've had a federal uj j say aetna lied and they pulled out for other reasons and insurance companies raised premiums and it's what they do, and the congressional budget office made it quite clear the affordable care act is not, not collapsing and not in a death spiral. it's not. >> i want to quickly get to paul ryan here because it is -- is there a subtle palace intrigue campaign going on with some people in this white house to undermine paul ryan? >> i don't know about that, but i was stunned who paul ryan who had been in this town in a long time say at the end of the process, well, there is a difference being an opposition party and a majority party and it's their fourth term in progress and he also said it's really complicated, health care. to come to the american people in 60 days in this admin stralgz and say it was complicated and by the way, we didn't realize the difference bet
. >> we'll point out the president of aetna and you will lose coverage and that's a death spiral.agrees and i know she wants to jump in here. >> i appreciate her reticence. >> we know aetna lied and we've had a federal uj j say aetna lied and they pulled out for other reasons and insurance companies raised premiums and it's what they do, and the congressional budget office made it quite clear the affordable care act is not, not collapsing and not in a death spiral. it's not....
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Mar 13, 2017
03/17
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aetna is big favorite. not particularly imaginative but cheapest on pe basis.a deal broke, aetna suffering from identity crisis where the market doesn't understand what is their strategy, how do they grow. we think they are still solid underlying growth avenue for aetna in the government marketplace, in their ma and medicare vantage business growing nicely and with capital deployment we see that as long-term 10% growth story. >> gary, just to put a fine point on this. you say the odds are long but you still think 50/50 shot this bill goes through. you think the market is not anticipating that. any time the market happens they are not expecting there's an opportunity. what would be the opportunity be? would it be to short the hospital stocks? >> at jpmorgan i'm not allowed to recommend shorts. i would certainly say this. i'm advising clients we're not chasing the hospital stocks. we're not chasing the medicaid hmos as they have rallied on the news. in fact, if the cbo report comes out today as i'm anticipating, as it says, 15 million lose coverage, $200 billion
aetna is big favorite. not particularly imaginative but cheapest on pe basis.a deal broke, aetna suffering from identity crisis where the market doesn't understand what is their strategy, how do they grow. we think they are still solid underlying growth avenue for aetna in the government marketplace, in their ma and medicare vantage business growing nicely and with capital deployment we see that as long-term 10% growth story. >> gary, just to put a fine point on this. you say the odds are...
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Mar 27, 2017
03/17
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. >> we'll point out the president of aetna and you will lose coverage and that's a death spiral. disagrees and i know she wants to jump in here. >> i appreciate her reticence. >> we know aetna lied and we've had a federal uj j say aetna lied and they pulled out for other reasons and insurance companies raised premiums and it's what they do, and the congressional budget office made it quite clear the affordable care act is not, not collapsing and not in a death spiral. it's not. >> i want to quickly get to paul ryan here because it is -- is there a subtle palace intrigue campaign going on with some people in this white house to undermine paul ryan? >> i don't know about that, but i was stunned who paul ryan who had been in this town in a long time say at the end of the process, well, there is a difference being an opposition party and a majority party and it's their fourth term in progress and he also said it's really complicated, health care. to come to the american people in 60 days in this admin stralgz and say it was complicated and by the way, we didn't realize the difference
. >> we'll point out the president of aetna and you will lose coverage and that's a death spiral. disagrees and i know she wants to jump in here. >> i appreciate her reticence. >> we know aetna lied and we've had a federal uj j say aetna lied and they pulled out for other reasons and insurance companies raised premiums and it's what they do, and the congressional budget office made it quite clear the affordable care act is not, not collapsing and not in a death spiral. it's...
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Mar 17, 2017
03/17
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we'll show you the backup. >>> new video showing italy's most aetna as it continues to erupt. that spewed lava into the air for the third straight day. it unleashed an explosion because of the molten rock hit snow creating a seam explosion. that in turn rained down on tourists and journalists and scientists all caught on camera as they escaped. access is allowed with a guide. >>> bart trains up and running in the east bay after a night of problems that led to major delays. and it didn't have anything to do with the tracks. a light fixture above the tracks that came loose and was hanging. it was brushing against the top of the train. a bart supervisor said he saw sparks and smoke. crews fixed the problem. >>> should the federal government get a warrant to obtain a person's cell phone records? ninth circuit court of appeals is taking up that question today. they are appealing a lower court ruling that says they do need a warrant u.s. versus gibson. it is the first of its kind. the ninth circuit will hear that argument on whether the fourth amendment requires the government to sh
we'll show you the backup. >>> new video showing italy's most aetna as it continues to erupt. that spewed lava into the air for the third straight day. it unleashed an explosion because of the molten rock hit snow creating a seam explosion. that in turn rained down on tourists and journalists and scientists all caught on camera as they escaped. access is allowed with a guide. >>> bart trains up and running in the east bay after a night of problems that led to major delays. and...
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Mar 8, 2017
03/17
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aetna earned and anthem earned $16.3 million.3 million. aetna earned and anthem earned $16.3 million. i would say we should repeal this provision and replace it with admonish insurance companies to bring your salaries in line with reality. united health care ceo, 66 million in 2014. also disclosed last month that united health care, nation's largest provider of medicare advantage services is being sued by the department of justice for fraud. united health care reported $46 billion in revenues in the third quarter. the fraud alleges that the united health care is improperly charging the medicare program by hundreds of millions of dollars and likely billions of dollars. we're sitting here talking about getting big insurance companies a tax break? on the exorbitant compensation that they pay their executives? you can be on one side of this debate. you're either with people in america that work hard every single day, that follow the rules, that pay health insurance premiums that are too high and expect one thing, and that is at the e
aetna earned and anthem earned $16.3 million.3 million. aetna earned and anthem earned $16.3 million. i would say we should repeal this provision and replace it with admonish insurance companies to bring your salaries in line with reality. united health care ceo, 66 million in 2014. also disclosed last month that united health care, nation's largest provider of medicare advantage services is being sued by the department of justice for fraud. united health care reported $46 billion in revenues...
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Mar 17, 2017
03/17
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. >> an explosion on mount aetna sent tourists running for their lives as fire ,,,,,,,,,,,,,,,, san jose police searched this black acura for clues.. following a freeway shooting on 101 northbound, near story road. >>> want to get back to that breaking news story tonight, san jose police searching this black acura for clues following a freeway shooting that happened on highway 101 northbound flare story road. a 17-year-old -- near story road. a 17-year-old passenger was hit and rushed to the hospital. police are looking for two suspects seen driving away in a white dodge charger. >>> tonight dozens of chihuahuas are being held as evidence in a bay area court case that's drug on for months. only on 5 tonight da lin on the growing concern for those dogs and why they can't go up for adoption. >> reporter: deputies removed 29 dogs from this san lorenzo home last may. since then the chihuahuas have been held at the east county animal shelter. their owner won't surrender the dogs as he face an animal cruelty charge. >> reporter: 20 time in dogs is excessive. >> it's not excessive. it's not hoa
. >> an explosion on mount aetna sent tourists running for their lives as fire ,,,,,,,,,,,,,,,, san jose police searched this black acura for clues.. following a freeway shooting on 101 northbound, near story road. >>> want to get back to that breaking news story tonight, san jose police searching this black acura for clues following a freeway shooting that happened on highway 101 northbound flare story road. a 17-year-old -- near story road. a 17-year-old passenger was hit and...
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Mar 17, 2017
03/17
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. >>> and tourists make a run for it as volcanic ash and rocks rain down from mount aetna.
. >>> and tourists make a run for it as volcanic ash and rocks rain down from mount aetna.
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Mar 2, 2017
03/17
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new video shows mount aetna erupting. absolutely gorgeous.t. etna erupting. absolutely gorgeous.ge fountains of lava spilling into the air. they can last days, even weeks. it has been several decades since mt. etna erupted like this. there has been no danger to surrounding communities. people are going to take in the sights. >> it's beautiful, from a distance. >> absolutely. >> right? >> it has been around for a long time. old world italy very, very nice. >>> cool this morning. a live look at san jose. 41 degrees. as we go into the afternoon it is looking much warmer. right now in san francisco, also starting out with clear skies. going to continue to see those temperatures starting out in the 30s and 40s for today and tomorrow. and it's now 36 degrees for much of the north bay. 38 degrees in morgan hill. and san jose at 41 degrees. the seven-day forecast coming up at the bottom of the screen. starting in the peninsula with dry weather once again today and tomorrow. as we go through the day, highs reaching the upper 60s in morgan hill and east san jose. 68 in danville and concord
new video shows mount aetna erupting. absolutely gorgeous.t. etna erupting. absolutely gorgeous.ge fountains of lava spilling into the air. they can last days, even weeks. it has been several decades since mt. etna erupted like this. there has been no danger to surrounding communities. people are going to take in the sights. >> it's beautiful, from a distance. >> absolutely. >> right? >> it has been around for a long time. old world italy very, very nice. >>>...
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Mar 1, 2017
03/17
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pilots took a drone up to mount aetna on the east coaster of sis sill toll get bird's view.est eruptions began monday night. you can see giant orange fountains of lava spewing out and down the side of the mountain. local authorities say there's no danger to nearby homes. mount aetna is one of the most active volcanoes in the world. >>> we all have some weird dreams every now and then. but what do they really mean? an expert delves into your dreams to see if there's any hidden messages there. >>> and severe weather in the midwest. the damage the storm doctors to parts of the nation's mid section. kathy? >> part of the same system that has moved through our region. fortunately it didn't pack the same punch. behind it much cooler air. look at that. snow in chicago. what that could mean for us coming up. >> as th did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's 10 times faster than slow internet from the phone company. say hello to inter
pilots took a drone up to mount aetna on the east coaster of sis sill toll get bird's view.est eruptions began monday night. you can see giant orange fountains of lava spewing out and down the side of the mountain. local authorities say there's no danger to nearby homes. mount aetna is one of the most active volcanoes in the world. >>> we all have some weird dreams every now and then. but what do they really mean? an expert delves into your dreams to see if there's any hidden messages...
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Mar 17, 2017
03/17
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WPVI
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. >> dozens of people were sent scrambling for their lives during an explosion of italy's mount aetnacano. >> the bbc happened to be there working on a story about the recent eruption that started tuesday. authorities say the 1800-degree lava run went right into snow. it created plumes of steam and rock raining down on the terrified sight seers, journalists and scientists. four people are in the hospital. >>> montgomery county officials have recovered a million and a half dollars worth of property and they want to return the items to their rightful owners. it was stolen by four men and sold to a merchant on jewelers row. viewers can view the inventory and find out to reclaim their property. >> crystal township bucks county has a new police chief. robert a. colton was sworn in. hed as chief of police in ewing until 2015. >> kenneth jacobson spoke to a group at at bethel. he suggested ways to respond to. his visit comes on the heels of bomb threats to jewish centers nationwide. >>> health check, falls are top cause of injury for seniors. falls are injuring their brains like we have neve
. >> dozens of people were sent scrambling for their lives during an explosion of italy's mount aetnacano. >> the bbc happened to be there working on a story about the recent eruption that started tuesday. authorities say the 1800-degree lava run went right into snow. it created plumes of steam and rock raining down on the terrified sight seers, journalists and scientists. four people are in the hospital. >>> montgomery county officials have recovered a million and a half...
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Mar 8, 2017
03/17
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. >> and you've heard that from the ceo of aetna as well. >> that's right, the ceo of aetna is one individualho used that phrase. however, the american academy of actuaries, the folks that actually do the calculations for the technical term that is a death spiral, an actuarial phenomenon, explicitly disputes the claim. you have mario molina of molina health care which runs bunch of aca plans, he sd that taking away the mandate, as your plan proposes, could push premiums up 30% in a year and inaugurate a death spiral. >> well, one things is for sure, that wouldn't take getting used to because premiums on average have gone up over 25% this year alone and in seven states they've gone up over 50%. >> right, but -- >> obamacare has been a total failure. and 16 counties in tennessee -- >> i understand that, congressman. >> -- a health care plan. >> so if the solution to obamacare, if you say the bad old days of obamacare premium hike 25%, this new plan will push premiums up 30% next year, that's not the solution. >> that's not if solution and that's not what i said. what i've said is our plan is go
. >> and you've heard that from the ceo of aetna as well. >> that's right, the ceo of aetna is one individualho used that phrase. however, the american academy of actuaries, the folks that actually do the calculations for the technical term that is a death spiral, an actuarial phenomenon, explicitly disputes the claim. you have mario molina of molina health care which runs bunch of aca plans, he sd that taking away the mandate, as your plan proposes, could push premiums up 30% in a...
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Mar 7, 2017
03/17
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CSPAN3
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the ceo of aetna said it's in a dea spiral. those are his words. they're looking as to whether they can sustain the losses they're enduring because of the way the market has created. we've arrived at a big wreck and are trying to clean up the mess. we're going to deinvolve power and zig making back to the states and expand to affordable insurance that people can take advantage of, but when you're down to 1 out of three counties in american and in some cases next year, we're hearing there may be zee -- rozero, that's th. >> it's a complicated suggest, but candidate trump and even president trump has been promising better coverage, lower costs and better health care. do you think you're on the road to that right now? >> not only do i think that, i think secretary price believes that plabased on the letter thee sent us, the communications thaifs issued. >> do you have numbers of how many people may lose their health care that you're working with and is there a reason you won't share that with us or the american people? >> we are waiting for cbo to giv
the ceo of aetna said it's in a dea spiral. those are his words. they're looking as to whether they can sustain the losses they're enduring because of the way the market has created. we've arrived at a big wreck and are trying to clean up the mess. we're going to deinvolve power and zig making back to the states and expand to affordable insurance that people can take advantage of, but when you're down to 1 out of three counties in american and in some cases next year, we're hearing there may be...
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Mar 8, 2017
03/17
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as a result, insure here's are involved in the individual market, united has a little exposure, aetna has some exposure, all of them could be benefited. it will get better as it gets younger. >> what about hospitals? obviously a lot needs to be discussed and it will change before the vote goes through. how do you view the hospitals and the critical care aspect of this? >> sure. so in the house republican plan, if it becomes law. they remove the disproportional hospital share cuts that were part of affordable care act. additionally the medicaid expansion population over the next three years stays. additional states that haven't expanded like florida, like texas corks expand. additionally, they get an additional $10 billion for states in general to help with the safety net. as a result, you can see hospitals actually benefit over the next 18 months to two years in revenue. now, outside of that, when the medicaid expansion starts to wean off and move to the per capita model. that probably would put pressure on hos which would negatively imfact bottom line. >> i know tenet was one of the
as a result, insure here's are involved in the individual market, united has a little exposure, aetna has some exposure, all of them could be benefited. it will get better as it gets younger. >> what about hospitals? obviously a lot needs to be discussed and it will change before the vote goes through. how do you view the hospitals and the critical care aspect of this? >> sure. so in the house republican plan, if it becomes law. they remove the disproportional hospital share cuts...
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Mar 16, 2017
03/17
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. >> reporter: mount aetna has been putting on an impressive show for days. speuing lava and steam, but no one expected this. >> a massive explosion was caught on camera by a bbc crew. piping hot volume cantic ash and rock rained down as tourists and the crew fled. one reporter screened it as running down a mountain being pelted by rocks, dodging burning boulders and boiling steam. a camera woman shook burning embers off her back. she later tweeted a photo of the hole burned in her jacket. at least ten people were injured from flying debris, taking shelter in a passing snow cat. the blast is what is known as a phreatomagmatic eruption caused by extremely hot lava hitting much colder snow. police on snow mobiles responded for what was a lucky escape for everyone. there are always risks involved with getting close to an active volcano but anthony, experts tell us this kind of explosion is a rare event. it takes a perfect storm of circumstances for it to happen. >> scaree moment, thanks, seth. in this country drastic temperature swings in the southeast are takin
. >> reporter: mount aetna has been putting on an impressive show for days. speuing lava and steam, but no one expected this. >> a massive explosion was caught on camera by a bbc crew. piping hot volume cantic ash and rock rained down as tourists and the crew fled. one reporter screened it as running down a mountain being pelted by rocks, dodging burning boulders and boiling steam. a camera woman shook burning embers off her back. she later tweeted a photo of the hole burned in her...
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Mar 8, 2017
03/17
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CNNW
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aetna is a for-profit company. so there are other things there. people are going to lose coverage. especially in medicaid expansion. what are you going to do about those people. >> first of all, we have several support mechanisms for them. ways and means committee coming forward. tax advance. refundable tax credits. get a tax support payment to help them cover the cost of insurance agreement. patient stability and state stability fund. put 100 billion dollars into the next ten years allows states to come in and help the very people you identified. we don't want to pull the rug out from under them. bottom line is there's not going to be a market for anybody to buy insurance on the exchanges if we don't come in and fix it. you can say if one company is profitable or not. nonprofits and profit seeking companies are all pulling out of the exchange. that is an undenialable truth. something we've got to fix before it collapses. >> thank you very much. i appreciate your time. >> your welcome. thank you. >>> next, u.s. deploying anti-missile system against north korea. how it works and the
aetna is a for-profit company. so there are other things there. people are going to lose coverage. especially in medicaid expansion. what are you going to do about those people. >> first of all, we have several support mechanisms for them. ways and means committee coming forward. tax advance. refundable tax credits. get a tax support payment to help them cover the cost of insurance agreement. patient stability and state stability fund. put 100 billion dollars into the next ten years...
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Mar 1, 2017
03/17
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KQED
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mount aetna is spewing -- mount is spewing orange lava into the sky. the latest irruption is visible from the towns of catania and taormina. it is not considered dangerous, the nearby airport is still operating. now to the address that donald trump will deliver to congress. it will set the tones for the year ahead. katty kay has been looking through the archives for the most memorable moments. the centerpiece of america's political calendar, enshrined in the constitution. since george washington delivered the first in 1790, it has evolved from a simple statement on the health of the nation into a political call to arms, a presidential rallying cried. from 1801 it was delivered in writing from the white house to the capital. it was woodrow wilson who in 1913 took to the floor, transforming it into a blueprint for the president's legislative agenda. his successors have used it to showcase leadership, frame a new direction, or lift the spirits of the nation during a difficult time. >> the only thing we have to fear is fear itself. katty: there have been w
mount aetna is spewing -- mount is spewing orange lava into the sky. the latest irruption is visible from the towns of catania and taormina. it is not considered dangerous, the nearby airport is still operating. now to the address that donald trump will deliver to congress. it will set the tones for the year ahead. katty kay has been looking through the archives for the most memorable moments. the centerpiece of america's political calendar, enshrined in the constitution. since george...
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Mar 24, 2017
03/17
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FBC
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david: not anecdotal from aetna. they provides stats. >> anecdotal, five states and some counties only have one insurance carrier. there is nothing perfect. everything is not per speck about obamacare. but the real issue here is. david: okay, donald trump is speaking right now. our president. let's take a listen. >> thank you very much. we were very close it was a very, very tight margin. we had no democrat support. we had no votes from democrats. they were not going to give us a single vote. that is different cut thing to do. i've been saying last year-and-a-half the best thing we can do politically speak something let obamacare explode. it is exploding right now. it's, many states have big problems. almost all states have big problems. i was in tennessee the other day. they lost half of their state had no insurance. that is happening to many other places. i was in kentucky the other day. similar things are happening. so obamacare is exploding. with no democrat support we couldn't quite get there. a very small numbe
david: not anecdotal from aetna. they provides stats. >> anecdotal, five states and some counties only have one insurance carrier. there is nothing perfect. everything is not per speck about obamacare. but the real issue here is. david: okay, donald trump is speaking right now. our president. let's take a listen. >> thank you very much. we were very close it was a very, very tight margin. we had no democrat support. we had no votes from democrats. they were not going to give us a...
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Mar 18, 2017
03/17
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MSNBCW
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aetna saying this is an death spiral. we have -- the trajectory for health care today with the current status is not acceptable. it is collapsing. and right now only -- there's a third of the counties in the country that only have one health care provider. so insurance provider. so we don't have a sustaining system. and what we need to do is cree the dynamic of competitive markets. and that in itself will bring prices down and make a product more affordable. >> all right. north carolina congressman, robert pittenger, thanks so much for your time today. >>> members of congress facing tough questions from concerned constituents. joannie ernst is still undecided on the republican proposal. but yesterday she tried to sell her constituents on parts of the bill. >> we can't maintain the current status of the law, because we know that it is -- it's failing already. i'm using a process through reconciliation. we won't be able to repeal the entire bill, but what we can do is make improvements. and that's what the ahca is supposed
aetna saying this is an death spiral. we have -- the trajectory for health care today with the current status is not acceptable. it is collapsing. and right now only -- there's a third of the counties in the country that only have one health care provider. so insurance provider. so we don't have a sustaining system. and what we need to do is cree the dynamic of competitive markets. and that in itself will bring prices down and make a product more affordable. >> all right. north carolina...
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Mar 8, 2017
03/17
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CSPAN
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of aetna says it's in a death spiral. those are not our words. those are in his words and he's in that market. as i talk to insurers they are looking if they can sustain the losses they are enduring the way the market is created. the facts of the matter what this will or won't do going forward. the fact is we have arrived at the scene of a pretty big wreck and if we don't intercede now fewer people have access to insurance, period. we are not kicking anybody off medicaid that's on it today. you can read that in the bill pretty clearly. we are going to devolve power back to the states, decisionmaking back to the states and hopefully expand access to affordable insurance that people can take access of. but, when you are down to one out of three counties in america with one planning and in some cases next year we are hearing there may be zero, that is the gap we are trying to -- reporter: mr. chairman, health care is a complicated subject. candidate trump and even president trump has been promising better coverage, lower cost and better health care.
of aetna says it's in a death spiral. those are not our words. those are in his words and he's in that market. as i talk to insurers they are looking if they can sustain the losses they are enduring the way the market is created. the facts of the matter what this will or won't do going forward. the fact is we have arrived at the scene of a pretty big wreck and if we don't intercede now fewer people have access to insurance, period. we are not kicking anybody off medicaid that's on it today. you...
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Mar 25, 2017
03/17
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aetna dropped out of 11 states and exchanges. however, a federal judge ruled they did so because the federal government wouldn't let them merge with humana. so the judge also ruled that aetna lied about why they quit. t republicans are so interested in ving health care for all, why is there such a problem with the insurance companies? >> well, because there's no competition. that's the problem. you know, the genius of this bill was that it's lated high-risk people and people with expensive pre-existing conditions with a $100 billion fund to take care of them so that the underwriting for everybody else could be nor in the hash marks level range of risks that would be more affo affordable for everybody. the obamacare wants to do it by somehow making everybody buy insurance so the young people offset the old and the sick. i like the idea in this bill of isolate the highest risk, most expensive people so that everybody else has a more stable underwriting platform, the insurance companies can compete, lower premiums, and people get mo
aetna dropped out of 11 states and exchanges. however, a federal judge ruled they did so because the federal government wouldn't let them merge with humana. so the judge also ruled that aetna lied about why they quit. t republicans are so interested in ving health care for all, why is there such a problem with the insurance companies? >> well, because there's no competition. that's the problem. you know, the genius of this bill was that it's lated high-risk people and people with...
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Mar 15, 2017
03/17
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CNNW
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how do you change things for the insurer so you don't have aetna saying we pulled out because we saw $430 million losses in this since 2014. >> i think you have to evaluate what does this bill actually do. it does a come things. it instantly drives the cost up by an additional 15 to 20% by taking away some of the things that drove the healthy people into the market in the first place. it sends it the wrong direction. as a result of that, 14 million people will lose coverage, scheduled to go to 24 million. on top of that, you have the basic program that covers seniors, people with disabilities, people with low incomes slash by about 25% to pay for a tax cut. it's hard to figure out how to get some place better from those starting points. i think the insurers look at that and say you're taking away the major protection, the individual mandate that's causing people to get into the market and drive more healthy people into the market, this is not going to head in the right direction. >> i hear you, but that doesn't answer my question as to how does this plan -- how do you believe, andy,
how do you change things for the insurer so you don't have aetna saying we pulled out because we saw $430 million losses in this since 2014. >> i think you have to evaluate what does this bill actually do. it does a come things. it instantly drives the cost up by an additional 15 to 20% by taking away some of the things that drove the healthy people into the market in the first place. it sends it the wrong direction. as a result of that, 14 million people will lose coverage, scheduled to...
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Mar 12, 2017
03/17
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FBC
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and others have brought up this whole idea that obamacare is in a death spiral because of what the aetna ceo said but his company wasn't able to successfully manage the cost ofç care. they pulled out of florida, but florida blue cross is in it and making money. they've screened other patients it may have 800,000 customers. this is now, they will get to sell what they want, and it's not going to cover benefits and charge what they want. that's not going to change. >> there's a phrase inside the beltway called car valves. this is a work in progress, it may change, but does this concern you? >> not so much. in any bill you will have interest try to weigh in. the key thing is you have more flexibility in the market and less of discrimination between young people and old people, young people have to subsidize old people, that goes down a bit. to get the c- but it is a step in the right direction. >> john you are no fan of crony capitalism. what do you think. >> i'm not, but at the same time, anything that's good for insurance companies and drug companies is probably pretty good for consumers.
and others have brought up this whole idea that obamacare is in a death spiral because of what the aetna ceo said but his company wasn't able to successfully manage the cost ofç care. they pulled out of florida, but florida blue cross is in it and making money. they've screened other patients it may have 800,000 customers. this is now, they will get to sell what they want, and it's not going to cover benefits and charge what they want. that's not going to change. >> there's a phrase...
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Mar 13, 2017
03/17
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CNNW
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. >> aetna called it a death spiral. humana left the exchange and said it's not a winning proposition. they literally can't afford it. that doesn't work. when people admit that something is not working and they want to fix it the way this non-politician businessman in the white house is willing to do -- >> you ask those same people what's going to happen when you reduce the subsidies to medicaid and the amount of money that goes in. doctors won't take it now. that's going to be even more true for the most vulnerable, the trump voters, the people in west virginia you like to talk about all the time. >> that's not true. >> what are you talking about? they need the medicaid expansion, need the exchanges. they don't have money to put in an hsa. >> people on medicaid will continue to get their health care through medicaid. >> but will they get the same coverage of care? when the amount of money goes down, so will what the insurance company for you. >> the fact is the quality has decreased for many americans, the access has be
. >> aetna called it a death spiral. humana left the exchange and said it's not a winning proposition. they literally can't afford it. that doesn't work. when people admit that something is not working and they want to fix it the way this non-politician businessman in the white house is willing to do -- >> you ask those same people what's going to happen when you reduce the subsidies to medicaid and the amount of money that goes in. doctors won't take it now. that's going to be even...
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Mar 17, 2017
03/17
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KPIX
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. >> an explosion on mount aetna sent tourists running for their lives as fire and ice rained down around them. ♪ hey, bud. you need some help? no, i'm good. come on, moe. i have to go. (vo) we always trusted our subaru impreza would be there for him someday. ok. that's it. (vo) we just didn't think someday would come so fast. see ya later, moe. (vo) introducing the all-new subaru impreza. the longest-lasting vehicle in its class. more than a car, it's a subaru. san jose police searched this black acura for clues.. following a freeway shooting on 101 northbound, near story road. >>> want to get back to that breaking news story tonight, san jose police searching this black acura for clues following a freeway shooting that happened on highway 101 northbound flare story road. a 17-year-old -- near story road. a 17-year-old passenger was hit and rushed to the hospital. police are looking for two suspects seen driving away in a white dodge charger. >>> tonight dozens of chihuahuas are being held as evidence in a bay area court case that's drug on for months. only on 5 tonight da lin on the gro
. >> an explosion on mount aetna sent tourists running for their lives as fire and ice rained down around them. ♪ hey, bud. you need some help? no, i'm good. come on, moe. i have to go. (vo) we always trusted our subaru impreza would be there for him someday. ok. that's it. (vo) we just didn't think someday would come so fast. see ya later, moe. (vo) introducing the all-new subaru impreza. the longest-lasting vehicle in its class. more than a car, it's a subaru. san jose police searched...
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Mar 7, 2017
03/17
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CNBC
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however, during the court case, for aetna and humana, the judge said it was based on aetna's attempts to get leverage on the anti-trust case opposed to the economics, which was interesting at the time. >> right. >> no doubt, there has less competition in the exchanges and a number of the smaller players certainly faced extinction from trying to compete. the larger guys, anthem stayed in there perhaps as the most aggressive. >> right. i find this president's tweet about the working on a new drug system to be competition, is that like in europe where if you don't come to terms, they drop you from the formulary? >> he talks about a phase two and three of the plan. on the morning shows today, mulvaney said it could pass the house by easter. senate will be the tough hill to climb. >> these are complicated things. i tell people, if you're looking toward washington to be a reason why you buy or sell, just stick with deregulation. stick with what the executive orders can be. those are line items, pens. the transparency affairs, anything with the epa, where you decide, listen, we're not to del
however, during the court case, for aetna and humana, the judge said it was based on aetna's attempts to get leverage on the anti-trust case opposed to the economics, which was interesting at the time. >> right. >> no doubt, there has less competition in the exchanges and a number of the smaller players certainly faced extinction from trying to compete. the larger guys, anthem stayed in there perhaps as the most aggressive. >> right. i find this president's tweet about the...
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Mar 7, 2017
03/17
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CSPAN2
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the ceo of aetna said it's in a death spiral. note are our words. those are his words in these in that market because i talk to insurers they are looking to where the consisting of the losses that are now enduring because the way the markets are created. the fact of the matter are not what this will or won't do going forward. facts are with the right at the scene of a pretty big wreck and we're trying to clean up the mess. and if we don't intercede now fewer people of access to insurance, period. we're not taking any money off medicaid was on it today. you can read that in the bill pretty clearly. we're going to devolve power back to the states, decision-making back to the states and hopefully expand access to affordable insurance that people can actually take advantage of. but when you're down to one out of three counties in america, you have one plan and at some cases next year we are hearing there may be zero, that's the gap we're trying to repair. >> healthealth care as a compett subject we will agree with better coverage, lower cost and better
the ceo of aetna said it's in a death spiral. note are our words. those are his words in these in that market because i talk to insurers they are looking to where the consisting of the losses that are now enduring because the way the markets are created. the fact of the matter are not what this will or won't do going forward. facts are with the right at the scene of a pretty big wreck and we're trying to clean up the mess. and if we don't intercede now fewer people of access to insurance,...