SOURCE: Finance / Yahoo.com
Oscar Health (OSCR) CEO Mark Bertolini sits down with Seana Smith, Madison Mills, and Anjalee Khemlani on Yahoo Finance’s Catalysts, addressing some of the various frustrations Americans have with the state of the US healthcare system.
“Well, the American public exists in a system that was designed 80 years ago after World War II,” Bertolini, who also served as the CEO of Aetna from 2010 to 2018, explains:
“And I think that system is largely now broken, and it has been broken for some time. I’ve been an advocate for change for a long time, and believe that we have ways to get it better in this country. And I think it largely starts with making sure our healthcare system meets the needs of individuals, not the needs of groups. And right now, our system in large-part is built around meeting the needs of groups.”
Mark Bertolini, Oscar Health CEO and former Aetna chairman and CEO, joins ‘Squawk Box’ to discuss the state of the health insurance industry in the wake iof the killing of UnitedHealthcare CEO Brian Thompson, public anger over insurance claim denials, what can be done to fix the health care system, and more. See interview HERE (The best part of this 6 minute interview starts at 3:15)
Traditional group health insurance brokers and consultants will never recommend a move from group to individual health insurance because they know they will become less relevant and their value proposition will evaporate, Gone With The Wind. But buck up broker babes, “After all tomorrow is another day!”
