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Expect Much Higher Premiums: Aetna CEO

Thursday, 28 Jun 2012 | 4:23 PM ET

AetnaCEO Mark Bertolini told CNBC that consumers can expect much higher health-care premiums in 2014 and 2015.

Aetna CEO Offers Clues on Insurers' Next Steps
Mark Bertolini, Aetna chairman & CEO, discusses what's next for health insurers following the Supreme Court's decision to uphold Obamacare. "Our read on this is that it's largely irrelevant to the strategy of where we're headed as an organization," he says.

“This bill was not written well. As a result, we have a number of things that will drive up premiums much more significantly than the average cost of health care,” he said on the “Closing Bell.”

“The minimum benefit plan designs that we must provide in essential benefits, 50% of the American public has a plan design today that is lower than that,” the Aetna CEO added.

Younger and healthier people will have to pay more for their health care and the taxes on medical devices will be passed along to consumers, he noted.

— By CNBC.com's Justin Menza.

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