16.06.2008 21:13:00
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Statement of Aetna Chairman and CEO Ronald Williams Regarding Comments on Health Care Made by the Chairman of the Federal Reserve Bank
Aetna (NYSE: AET) Chairman
and CEO Ronald A. Williams today made the following comments regarding
the testimony of Federal Reserve Bank Chairman Ben Bernanke:
"In testimony today before the Senate Finance
Committee’s Health Reform Summit, Federal
Reserve Bank Chairman Ben Bernanke made important and insightful
observations about the cost of health care in America; the need for a
mix of policies to address how care is delivered and paid for; and the
impact of the nation’s 47 million uninsured on
the gaps in the quality of care. We completely agree with Mr. Bernanke
that our health care system is a public –
private partnership, and solutions must be viewed broadly because no
single set of reforms will address all concerns.
"Representing a company that has been very
active in raising awareness and proposing targeted solutions to these
issues, I applaud Mr. Bernanke’s candid
comments. Clearly, we as a nation can do better to ensure that everyone
gets high quality and affordable health care.”
Last week, Williams was asked to testify before the Senate Finance
Committee in a hearing focused on the uninsured and the delivery of
health care in America. In his testimony, he noted that the U.S. health
care system is phenomenally advanced and that the competitive
marketplace has made it possible for Americans to enjoy routine and
rapid access to much needed care. He said that solutions in the future
must be rooted in building upon the existing strengths of our system.
"Aetna has strongly held views on the key
elements needed to transform health care through an effort that combines
the best of what the public and private sectors have to offer,”
said Williams. "By focusing on the
interrelated areas of cost, quality and access, we can create a system
where everyone has access to high-quality, affordable health care.”
Aetna’s detailed To Your Health!
proposal seeks to build on the best of private sector innovation, while
working to preserve and enhance the public sector safety net. It is
designed to serve as a framework for sensible policy action and reflects
Aetna’s willingness to serve as a resource in
the continuing health care debate. The plan’s
10 points focus on four areas – getting and
keeping everyone covered; maintaining the employer-based system and
exporting its strengths to make the individual market function better;
reorienting the system toward prevention, value and high-quality health
care; and using market incentives to improve coverage, drive down costs
and make the system more consumer oriented.
The full plan and testimony can be accessed at:
http://www.aetna.com/news/2008/To_Your_Health_Aetna_Proposal_for_
Health_Care_System_Transformation062008.pdf http://www.aetna.com/news/2008/Testimony_of_Ronald_
A_Williams062008.pdf About Aetna
Aetna is one of the nation’s leading
diversified health care benefits companies, serving approximately 37.3
million people with information and resources to help them make better
informed decisions about their health care. Aetna offers a broad range
of traditional and consumer-directed health insurance products and
related services, including medical, pharmacy, dental, behavioral
health, group life and disability plans, and medical management
capabilities and health care management services for Medicaid plans. Our
customers include employer groups, individuals, college students,
part-time and hourly workers, health plans, governmental units,
government-sponsored plans, labor groups and expatriates. www.aetna.com.
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