POLITICO's Pulse Check
POLITICO's Pulse Check
POLITICO
Obamacare’s CEO on what’s next after Aetna’s exits
32 minutes Posted Aug 17, 2016 at 8:21 pm.
Insurers like Aetna are dropping out. Rate requests are on the rise. It’s been a messy few weeks for Obamacare — and it’s Kevin Counihan’s job to clean it up. After Obamacare's exchanges sputtered to launch in 2013, Counihan was hired as marketplace CEO to make sure that a management mistake like that never happened again. But with major players like Aetna and UnitedHealth mostly walking away, and the remaining insurers asking for 24% rate hikes on average, Counihan's facing the biggest challenges of his tenure. Counihan sketches out his job as Obamacare’s marketplace CEO (starts at the 3:00 mark), explains how he’s thinking about the turnover in the market and why Aetna’s exit from 11 states is business as usual
who’s poised to win on the exchanges
how HHS is working to plug gaps as Aetna and other insurers walk away from markets
whether it matters if large insurers participate at all
how he’s approaching customers who are loath to purchase coverage
and why he’s not sweating Donald Trump getting rid of Obamacare
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Show notes
Insurers like Aetna are dropping out. Rate requests are on the rise. It’s been a messy few weeks for Obamacare — and it’s Kevin Counihan’s job to clean it up. After Obamacare's exchanges sputtered to launch in 2013, Counihan was hired as marketplace CEO to make sure that a management mistake like that never happened again. But with major players like Aetna and UnitedHealth mostly walking away, and the remaining insurers asking for 24% rate hikes on average, Counihan's facing the biggest challenges of his tenure. Counihan sketches out his job as Obamacare’s marketplace CEO (starts at the 3:00 mark), explains how he’s thinking about the turnover in the market and why Aetna’s exit from 11 states is business as usual (4:30), who’s poised to win on the exchanges (9:45), how HHS is working to plug gaps as Aetna and other insurers walk away from markets (12:45), whether it matters if large insurers participate at all (19:00), how he’s approaching customers who are loath to purchase coverage (25:00), and why he’s not sweating Donald Trump getting rid of Obamacare (29:30). We’d appreciate your help: Please share PULSE CHECK and rate us on your favorite podcast app! Have questions, suggestions or feedback? Email ddiamond@politico.com.