Close

Aetna CEO expects some ACA benefits to stay: Dealbook conference

November 10, 2016 11:45 AM EST

Mark Bertolini, Chairman and CEO of Aetna, participates in a panel discussion at the 2015 Fortune Global Forum in San Francisco, California November 3, 2015. REUTERS/Elijah Nouvelage/File Photo

NEW YORK (Reuters) - Aetna Inc Chief Executive Officer Mark Bertolini said he expected some benefits of President Barack Obama's national healthcare reform law will stick under President-elect Donald Trump, like allowing young adults to stay on their family's health insurance.

Bertolini, speaking at the New York Times Dealbook conference, said he expects the expansion of Medicaid to more people will continue but with new mechanisms for federal financing. He also sees some sort of subsidies for individual insurance remaining.

Trump has promised to repeal the Affordable Care Act, known as Obamacare, which passed in 2010 and was Obama's signature domestic policy.

(Reporting by Caroline Humer; Editing by Chizu Nomiyama)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Donald J. Trump, Barack Obama