Aetna Cuts Back on ACA

Share this story on:

Share on facebook
Share on twitter
Share on linkedin

Next year, beginning on 1/1/2017, Aetna is cutting back on  the number of states it will offer Affordable Care Act (ACA) plans for families and individuals. It will cut back from from 15 states to 4.

Aetna will sell on-exchange policies in Delaware, Iowa, Nebraska and Virginia.  And the ACA plans will be available in 242 counties, down from 778 this year.

“As a strong supporter of public exchanges as a means to meet the needs of the uninsured, we regret having to make this decision,” Aetna CEO Mark Bertolini said in a statement. But, he argued, “providing affordable, high-quality healthcare options to consumers is not possible without a balanced risk pool.”  Aetna has lost more than $300 million on the exchanges so far in 2016.  Source:  Modern Healthcare.

Teresa
Teresa

Recent Posts

June Update

We will be closed Friday, June 4th through Friday, June 11th. Taking time to slow down and get refreshed for the balance of the year

Read More »
Teresa

Update: Full Vax Against COVID

Update:  As of 4/30/21: Indiana= 1.76 million residents.  26.25% of state population. Kentucky= 1.40 million residents.  31.34% of state population. Florida= 6.13 million residents.  28.57%

Read More »
Teresa

Indiana Update

Over 954,000 people in the state of Indiana have been fully vaccinated against COVID-19. There are 548 people in Indiana hospitals because of COVID-19; and

Read More »

copyright 2020 Evansville Insurance Center