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Health Insurance Executives Agree that Reform is Inevitable

Health Insurance Executives Agree that Reform is InevitableNovember 12th, 2010   Company leaders from both Aetna and Cigna have gone on record saying they will not support Republican efforts in the house to slow implementation of or repeal the new healthcare reform law. 

“We can’t go back. We need to keep moving forward,” said Mark Bertolini, president of Aetna, Hartford, in comments at a Reuters Health Summit in New York Wednesday.   David Cordoni, CEO of Cigna, Philadelphia, said at the same meeting that repealing the Patient Protection and Affordable Care Act (PPACA) would be a waste of time, although he said there is room to improve it.

Cordani said he doesn’t foresee that the House Republicans would be able to impose any immediate changes in the law because Democrats control the Senate and the president has his veto pen.

Their comments were made during panel discussions where insurance company executives were asked about  House Republican leader John Boehner’s comments that he would like to repeal and replace the Patient Protection and Affordable Care Act (PPACA), which was signed into law by President Obama on March 23rd, 2010.  

Boehner made these comments last week after the Republicans took control of the House.

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