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Aetna Inc.

Aetna CEO: Out-Of-Pocket Costs Causing People To Forgo Care

Aetna CEO: Out-Of-Pocket Costs Causing People To Forgo Care

HARTFORD — For all the emphasis on getting physician practices and hospitals to share in the responsibility to reduce unnecessary health care spending, Aetna CEO Mark Bertolini said Thursday that those efforts aren't having much impact on medical spending.

Speaking to analysts on Thursday morning, Bertolini noted that most of the cost containment reflected in Aetna's first quarter financials can be traced to the way deductibles and co-pays influence patients' decisions to seek care at all, he said.

"Four hundred dollars for the average American to cover out-of-pocket services is a lot of money," Bertolini said.

Bertolini said that most of the...

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