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Aetna joins other major insurers in pulling back from Obamacare

from NPR

Insurance giant Aetna will stop selling health insurance through most of the exchanges created by the Affordable Care Act in 2017 because the company said it is losing money in many of those markets. Aetna said it will sell individual insurance policies in only 242 counties, down almost 70 percent from 778 this year. The decision is a blow to President Barack Obama's signature health care law. Most insurers selling plans through the exchanges have been losing money because the people getting insurance under Obamacare have been sicker than forecast. more


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