The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Bertolini: Oscar built the first new health insurance platform since 1972
“First new platform for health insurance that has been built since 1972. So everybody uses the old Health Edge platform. I've modified Health Edge three times in my career and was built in 72.”
Bertolini: Aetna's overall healthcare costs fell 7.5% following corporate mindfulness programs
“Our healthcare costs went down. Not trend. The actual dollar cost went down seven and a half percent the next year.”
Bertolini: 20% of Aetna's lowest-paid employee families relied on food stamps
“I want to know who these people are. I want to know what their life's like, how much they make, and it was about 12 bucks an hour, and they were, 81% were women, 20% of the kids were on foods, the families were on food stamps, 25% of the kids were on Medicaid …”
Bertolini: Oscar Health runs nearly two dozen LLMs to cut backend costs
“We have implemented over 20, almost, almost two dozen large language models on the back end of the business that have reduced our operating costs.”
Bertolini: 60% of lifetime healthcare costs occur at end of life
“What we found was, is that in hospice, end of life, where 60% of your lifetime costs are spent, Medicare rules, and most rules in most insurance companies require you to say, I can no longer seek curative services, and I have to give up hope.”
Bertolini: Aetna mindfulness trial dropped highest-stressed employee cortisol levels by 50%
“What we found is that the people in the highest quintile of stress spent 2500 dollars more a year on health care than the average employee. So we put everybody through these programs, we had them journal, and after 12 weeks, heart rate, variability, cortisol l…”
Bertolini: Aetna's 90%-discounted soft wage benefits equaled all hard savings
“Let's take all the soft benefits, presenteeism, better attitude at work, empathy for our members. Let's put all those on a page and let's discount them by 90%. And so when we did that, the group that we discounted by 90% added up to the exact same amount of sa…”
Bertolini: Doctor lost program leadership after keeping his son in intensive care
“Ava lost her role as the head of that bone marrow transplant program, largely because that cost that hospital a lot of money to have them in the hospital for a year and a half in an intensive unit.”
Bertolini: Americans borrowed $74.9 billion last year for out-of-pocket healthcare
“Last year, two out of five Americans borrowed 74.9 billion dollars to pay their out-of-pocket costs for health care from banks.”
Bertolini: Fresenius CEO hand-carried unapproved Austrian drug to save son's life
“It was made by Fresenius. The Fresenius CEO was in Austria. He brought it back with him to Boston. We gave it to my son, and four weeks later his hair started growing back, and his starvation, his albumin went from .2 to four. And he came home, and this was in…”
Bertolini: Two-thirds of Aetna's 652% TSR was driven by P/E multiple expansion
“And at Aetna, when I had 652% total shareholder return over eight years, and we, when we looked at the underlying, only a third of it related to earnings, and two thirds of it related to the price earnings multiple.”
Bertolini: Aetna's sale to CVS created 2,000 new employee millionaires
“We created 2000 new millionaires when we sold the company at CVS.”
Bertolini: Aetna was losing $1M per day when he joined
“Aetna hired me after they started, ran into trouble to help them fix the company. They were losing a million dollars a day when I showed up in twenty-twenty-two and we had to fix that, and that took a, took us on a whole journey.”
Bertolini: Small group employers faced double-digit rate hikes for five years
“Five years running, small group employers have been paying double-digit rate increases.”
Bertolini: Oscar Health covers about 2 million ACA members
“We currently cover about two million lives. And they're all ACA members affordable care act.”
Bertolini: Controlling diabetes reduces monthly healthcare costs from $1,600 to $900
“An uncontrolled diabetic costs about 1600 dollars a month. A controlled diabetic can get down to 900 dollars a month, a 700 dollar opportunity.”
Bertolini: Only 34 men had ever been diagnosed with son's rare lymphoma
“My son had T cell gamma delta lymphoma. Only 34 people, all men had ever been diagnosed with it. He was the youngest at 16, and it had a six month end date.”
Bertolini: Every 50 basis point change in Aetna claims reserve was $980M
“Every 50 basis points change in that trend was nine hundred and eighty million dollars of margin.”
Bertolini: Aetna stock rose from $9 to $208 during CEO tenure
“So when I left out and I had three million shares of stock, I never touched them. And I didn't expect it to ever be at 208 dollars a share, because I took over, it was nine dollars a share.”
Bertolini: Donates $12M to $15M annually via Anahata foundation
“The vast majority of it went into a foundation called Anahata, which is the heart chakra and yoga, where I joyfully help food banks. I do environment education and community sustainability, and I give away close to 12 to fifteen million dollars a year doing th…”
Bertolini Recounts Near-Fatal Skiing Accident and Five-Day Coma
“Skiing one day and had gone into the woods and caught an edge looking over my shoulder and hit a tree, broke my neck, and slid 60 feet headfirst down into a river in a coma. I broke five of my vertebrae macerated my brachoplexus, disconnected my nerve root fro…”