Insurance CEO Says Supreme Court Won’t Overturn Obamacare

Mark Bertolini, CEO of Aetna, the nation’s third largest insurer, told an investor conference on Thursday that he expects a limited ruling from the Supreme Court on the Affordable Care Act, one that does not overturn the entire law. He also said he thinks some of the law will survive regardless of which party takes control after the November elections, though he expects Republicans to attempt to defund the law, particularly if they retain control of the House. Some provisions of the ACA are too popular to allow for a full repeal, he said: “Nobody on either side of the aisle is willing to tell families, ‘you know that 26-year-old you got covered under your policy? You can’t do that anymore.’ Or ‘You know that kid that’s survived cancer and is hitting his limits on health-care costs? We’re going to put the limits back on the kid.’” –Alex Brown