Losses continue for Aetna in Obamacare business

ㅤ”Aetna will not be selling Obamacare plans during this year’s Obamacare open enrollment, which begins Wednesday for plans that will go into effect in 2018.
ㅤThe company has been gradually withdrawing from the Obamacare exchanges. It had decided to pull out of the exchanges in other states because it lost $700 million between 2014 and 2016 and was projected to lose $200 million in 2017 despite having already significantly reduced its participation in the exchanges from 15 to four states.”

Story at The Washington Examiner, image from workingmother(.com) • aca, aetna, exchanges, mark bertolini, obamacare, obamacare exchanges, obamacare plans, repeal and replace • Go here to reblog this post (browser only).

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