May 11, 2016
A BETTER RUN BUSINESS:
Aetna plans to remain in Obamacare markets, may expand (Reuters, 5/11/16)
Health Insurer Aetna Inc on Wednesday said it plans to continue its Obamacare health insurance business next year in the 15 states where it now participates, and may expand to a few additional states. [...]Aetna earlier this year said its Obamacare business had operating losses of about 3 to 4 percent in 2015, with improvements seen in the latter part of the year. It is hoping the business will have a break-even performance in 2016.Rival insurers UnitedHealth Group Inc and Anthem Inc have missed profit expectations because of losses in their own individual Obamacare businesses.
Posted by Orrin Judd at May 11, 2016 7:54 PM