Aetna Says No ACA Expansion

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This is very significant.

“Aetna announced Tuesday an about-face on plans to expand its presence on public healthcare exchanges. It is also re-evaluating its participation on the 15 state exchanges where it offers insurance, the company said…

“’While we are pleased with our overall results, in light of updated 2016 projections for our individual products and the significant structural challenges facing the public exchanges, we intend to withdraw all of our 2017 public exchange expansion plans, and are undertaking a complete evaluation of future participation in our current 15-state footprint,’ Aetna CEO Mark Bertolini said in a statement.”  Source: Modern Healthcare.

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