It was nothing but bad news today when Aetna Health Insurance CEO and chairman Mark Bertolini appeared on CNBC’s “Squawk Box” to discuss the train wreck known as Obamacare.
When he was asked if he thought the number of older and sicker people signing up for health coverage through his company were higher than he anticipated, Bertolini said, “The numbers were worse than we expected.
“We do see the demographics skewing a little older, a little sicker,” Bertolini said.
Asked if the Obamacare enrollees were “profitable customers,” Bertolini said, “We don’t know yet. We don’t know what their margins are. We know they are sicker, we know 87 percent of them are subsidized, we know they are older, so we expect that they’re going to use more healthcare.”
Bertolini continued to reveal more shocking details about the ongoing technical issues with Obamacare. “The backend operating system of the exchanges is not up and running,” Bertolini said.
A whopping 55.8% of Americans still oppose Obamacare, according to the latest Real Clear Politics average of polls.
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