The $902,000 Aetna spent in the three months ending June 30 represents a 42 percent drop from the $1.6 million spent in the same period last year.
Aetna lobbied on legislation that called for the repeal of healthcare reform’s individual mandate, which would require all Americans to be insured. Healthcare reform will eventually give insurance coverage to millions of uninsured Americans, and some payors have said that the plan will not work unless people buy and keep coverage.
Aetna also lobbied against the minimum medical-loss ratio that took effect earlier this year. The ratio requires insurers to spend 80 percent of the premiums they collect on care and quality or to provide rebates to consumers. Aetna lobbied on a bill that would exclude broker compensation from the formula used to calculate medical loss ratios.
Read the Bloomberg Businessweek report on Aetna.
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