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Mar 07 2018

Government Ward Aetna Spends $200,000 Attacking Second Amendment

There is a new addition to the list of companies that have declared themselves enemies of individual liberty in the wake of the liberal media’s post-Parkland antigun blitzkrieg. Aetna isn’t satisfied to turn a cold shoulder to NRA members. It is financing an attack on gun rights:

Aetna’s CEO Mark Bertolini announced Tuesday the company would donate $200,000 to support the March for Our Lives gun control rally scheduled for later this month.

It is not his own money that Bertolini flings at an authoritarian mob. Thanks to crony capitalism, you might say it isn’t even Aetna’s money. You might say it is ours.

[L]egislation (H.R. 4666) introduced by Rep. Ryan Costello (R-PA), and reportedly favored by House Republican leaders, would spend $30 billion over three years on a “Stability Fund” to subsidize both the individual and small group [health insurance] markets. Put simply, Aetna would benefit from the billions of dollars in taxpayer largesse the Costello bill proposes.

Aetna has plenty of spare cash to fling at moonbat marches because it is growing fat sucking at the government teat.

According to page 56 of its most recent quarterly financial filing, last year Aetna’s revenue from government business outstripped its private-sector commercial enterprises: Even as private sector revenues dropped the past two years, government business rose by over $4.5 billion, due at least in part to the additional revenues generated by Obamacare’s Medicaid expansion.

We can’t blame it all on Democrats anymore. Republicans have been campaigning for years on the promise to repeal ObamaCare. We gave them the opportunity; they didn’t do it.

As with other health insurers, Aetna has rapidly become an extension of the state itself — a regulated utility that focuses largely on extracting more business from government. Rather than focusing on new innovations and selling product to the private sector, it instead hires more lobbyists to seek rents (e.g., a “stability” package) from government. And in exchange for such governmental payments, it promotes liberal causes that will win the company plaudits from the statists who regulate it.

Hyperregulated nominally private industry exists as a de facto extension of Big Government. It isn’t communism, but it isn’t capitalism either. Mussolini called it “fascism.”

On a tip from BlackJack11.

5 Responses to “Government Ward Aetna Spends $200,000 Attacking Second Amendment”


    Isn’t DIEversity great..?

    Sri Lankan Migrants Scalp Man and Cut Off His Arm in Paris Restaurant

  2. Anonymous says:

    If you’ve wondered why liberal “Business thought leaders” worked so hard to convince corporate boards the being progressive was profitable…

  3. Mack says:

    Time to re-think my policies. Aetna, I’m going to forget ya.

  4. Kevin R. says:

    Live by politics, die by politics.

  5. George Lortz says:

    Own a gun? Got Aetna insurance? Time to switch carriers. Why pay for your own demise?

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