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Aetna bails on ACA exchanges
Modern Healthcare: National health insurer Aetna said Wednesday that it has exited all the Affordable Care Act's insurance exchanges for 2018.
Hartford, Conn.-based Aetna announced it will stop selling individual insurance plans on and off the exchanges in Nebraska and Delaware in 2018, just weeks after pulling out of the exchanges in Iowa and Virginia.
Aetna said it expects to lose $200 million on its individual plans this year. It insures just 255,000 members in the individual market. In 2016, the insurer said it lost $450 million and insured 964,000 members.
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