Storm Warnings: Bertolini Says Aetna/Humana Has Commitment to Only One Place–Louisville.
Dynamic Aetna chief Mark Bertolini introduced himself to Louisville, Kentucky on Tuesday with a speech that included worrisome words for Connecticut. Bertolini appeared on the stage at the Louisville Palace to tell an audience of 1,100 at the annual meeting of Greater Louisville Inc. that of all the places around the world “we’ve made a commitment to only one community as part of our worldwide business and that’s Louisville.” Louisville is home to Humana, the health insurance company Aetna is buying for $37 billion. Regulators are reviewing the deal while employees from both companies work on melding the two companies into an efficient corporate behemoth.
Bertolini is among the business titans known to be unhappy with the business climate in Connecticut. Aetna did not participate in the state’s health care exchange after regulators refused to approve the company’s rate proposal.
You can read about and watch the speech here. Corporate chieftain speeches usually are not of much interest to a general audience. This one is.