"The voting public knows it been lied to and they don’t like it."
While hindsight is always 20-20, you are spot on about how the Party of No lost the election. Maybe you ought to send W, Rummie and and dead-eye #$%$ back over to iraq to dig up those weapons of mass destruction we went to war over.
I thought I would send your shareholders a message on why I am now in full support of a National Care Program.
I am a recently retired, financial Analyst who worked in the Securities business. Politically, I am an independent against big government and I sent letters to my Congressmen and Senators voicing my opposition to the TARP funding and advocating complete reform of the investment industry.
About five months ago, I enrolled in an Aetna Individual Advantage plan. Since that time I have been in good health and have made no claims. I have one overnight stay in a hospital in the last fifty years when I got my tonsils out. I am on no medications and have visited a doctor 3 times in the last 9 years for routine stuff.
Last week, I was shocked to receive a letter telling me that Aetna was raising my premiums by 23% just after 5 MONTHS time.
This is outrageous and borders on an illegal bait and switch tacit!!!!!
Over the last 10 years, the average health care premium has increased four times faster than wage growth and three times faster than inflation.
Clearly, you don't have to have a MBA from Harvard to realize this not sustainable. The higher health care premiums go, the fewer people can afford health care which then puts more pressure on pricing, in effect a slow death spiral!
As a result of this irresponsible action ,I did two things:
1. I sent a letter to my Senators and Congressmen informing them of what Aetna is doing and I also voiced my support for a national health care program.
2. I canceled my policy!
I fully understand that the job of corporate management is to maximize return to the shareholders. However, if management is so irresponsible that it fails to realize its actions in the long run will hurt the shareholders and the people of this country, then it deserves to be replaced either by the shareholders or a government run program! Less