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Aetna exiting all ACA insurance marketplaces in 2018 on rising losses
It lost US$450 million in 2016 on clients with individual health policies on and off the exchanges
Published Thu, May 11, 2017 · 09:50 PM
Washington
AETNA will complete its withdrawal from Affordable Care Act (ACA) insurance exchanges in 2018, announcing on Wednesday that lingering financial losses and uncertainty about the marketplaces' future were prompting it to exit two final states.
According to an Aetna spokesman, the insurer will not sell individual health plans next year in Delaware and Nebraska. Its announcement came a week after the company said it would stop offering ACA health plans in Virginia in 2018 and a month after, it said it would leave Iowa.
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