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Home / MI: Major Health Insurer Will Scale Back Business If Legislation PassesMI: Major Health Insurer Will Scale Back Business If Legislation Passes
Last Updated on Thursday, 6 December 2007 12:11 Written by rslcpol Thursday, 6 December 2007 12:11
The nation’s third-largest health insurer, which has invested $400 million to expand its business in Michigan in the past two years, plans to significantly scale back if rate-altering legislation promoted by Blue Cross Blue Shield of Michigan becomes law.
Mark Bertolini, executive vice president and head of business operations of Aetna, said Wednesday the legislation would force the company and others to reduce Michigan operations, resulting in fewer choices for consumers and, eventually, higher costs for health insurance.
This entry was posted on Thursday, December 6th, 2007 at 12:11 pm and is filed under Attorney General News, State Legislature News.
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