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Aetna’s about-face on the ACA came less than a month after the Justice Department sued to block the company’s $37-billion purchase of Humana. (Jan. 23, 2017) ...
Aetna said it will “continue to evaluate” its participation on the ObamaCare marketplaces in the future and could expand its footprint if the situation improves.
Aetna said that in 2017 it would cease offering health care insurance options through the Affordable Care Act exchanges in 68.9% of the counties where it offered plans in 2016.
Indeed, Aetna had warned Justice Department officials in early July that it would reduce its presence on the Obamacare exchanges if officials opposed the merger, according to a letter signed by ...
Aetna on Tuesday became the latest health insurance giant to deliver bad news on Obamacare. The company said it expects to lose more than $300 million this year on the 900,000 patients it covers un… ...
On Monday, Aetna said it will sell individual insurance policies in only 242 counties in four states, down almost 70 percent from the 778 counties in 15 states where the company markets Obamacare ...
Health insurance provider Aetna has decided to stop participating in the Obamacare health exchange program in 11 of 15 states next year, citing financial concerns. Aetna will continue to ...
News that Aetna, the county’s third largest insurer, is slashing its Affordable Care Act participation is not the Obamacare-apocalypse that Republicans are making it out to be. But, coupled with ...
Aetna warned last month that it would have to pull back from ObamaCare if the Department of Justice moved to block its merger with Humana, according to a letter obtained by The Huffington Post.
Even as the rest of its business is performing handsomely, Aetna expects to lose about $200 million on ObamaCare this year, on top of writedowns nearing $700 million between 2014 and 2016.
So Aetna is pulling out of ObamaCare in Connecticut. As corporate identity crises go, this is like L.L. Bean quitting Maine or Apple leaving California—for the moon. The iconic Connecticut-based ...
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