About 35,000 people with Aetna insurance could lose coverage at Providence and Swedish clinics if the firms don't reach a deal by Sunday.
FILE - In this Aug. 19, 2014, file photo, a sign stands at Aetna headquarters in Hartford, Connnecticut
“Providence is committed to combatting rising costs, yet we cannot do it all on our own,” said Providence CFO Greg Hoffman in the release. “Our partners also need to be part of the solution. For-profit insurers, like Aetna, continue to reap the benefits of multi-year contracts that do not reflect the current health care landscape, with reimbursement increases substantially lower than the costs to provide care.
“Providence continues to cite inflationary pressures, but they are proposing to solve them by driving up healthcare costs for local employers that already pay the highest rates,” Kepnes added. “Luckily, I was taking a walk to pay my bill at Swedish, so I’m going to find out more in five minutes,” she told KIRO Newsradio’s Sam Campbell. “I will go right home, get my Aetna card and start calling – and keep calling until I get some information and then do whatever it is I have to do.”
She is part of the Medicare Advantage Plan, which Aetna said will end on Dec. 31 if no deal is reached with Providence.
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