“Aetna is saying goodbye to Obamacare. The insurance giant announced Wednesday that it would not offer policies in Nebraska or Delaware next year, completing its exit from the exchanges. Earlier this year, Aetna said it would pull out of Iowa and Virginia in 2018. The company said it expects to lose more than $200 million in its individual business line this year, on top of nearly $700 million in losses between 2014 and 2016. Aetna withdrew from 11 of its 15 markets for 2017. It has 255,000 Obamacare policyholders this year, down from 964,000 at the end of last year.”
Read more: http://money.cnn.com/2017/05/10/news/economy/aetna-obamacare/
Related posts:
Argentina restricts online shopping as foreign reserves drop
Massachusetts inspector general finds sloppy drug handling throughout closed state lab
Cops Use Injured Animals For Target Practice
The final nail in the ACLU's coffin
100 Bitcoin ATMs will arrive in Spain in the next three months
U.S. drug czar: Marijuana is drug most often linked to crime
Obamacare for some: 49% price hike since 2014, premiums of $14,300
PA police fear loss of federal funding for DUI checkpoints
Federal cannabis legalization bill introduced
Teen Jailed For Facebook Comment Beaten Up Behind Bars
China to lay out massive quantum network for information security
Cash-strapped Cyprus plots Russian exit from austerity
Taliban mock U.S. as Afghan war enters 12th year
Caroline Kennedy discloses possible $500 million fortune
Diet soda tied to heart attack, stroke risks