Ex-Aetna chief criticizes insurance mandate

Chairman and CEO of Aetna, Ron Williams attends a meeting at the White House in Washington(Reuters) – The recently retired head of health insurer Aetna Inc criticized the component at the heart of the U.S. healthcare overhaul law, known as the individual mandate, and predicted it would not be upheld. The Supreme Court is expected to rule before the end of the month on the law, championed by U.S. President Barack Obama and designed to expand coverage to more than 30 million uninsured Americans. At the center of the case is the mandate, which requires people to buy insurance or pay a penalty. …