Posted on 04/06/2017 10:41:27 AM PDT by Oldeconomybuyer
Health insurer Aetna Inc said on Thursday it will exit Iowa's Obamacare-compliant individual insurance market in 2018, citing financial risk and the uncertain outlook.
Aetna said it is still evaluating its other remaining individual insurance markets, which include Delaware, Nebraska and Virginia. The company exited most markets this year but in January said it had more than 240,000 people in individual plans and expected to post losses on them this year.
Insurers have said uncertainty over which rules will be in place in 2018 and the billions of dollars in government subsidies that make the plans more affordable to millions of people make it difficult to commit to offering such insurance. Many have asked the government to extend the subsidies for 2018.
(Excerpt) Read more at reuters.com ...
And ObamaCare continues its collapse. How long will liberal Republicans hold us hostage?
Good news.
Obamacare..............”Made to Fail!”
Sounds like they won’t need to for long the way things are going - if there isn’t an option in the ACA in your state, there is no mandate anyway. Will blow up on its own one way or the other.
Well, the clear slant on the article is that this is because of the uncertainty created by Trump and the Repubs. Uncertainty that the subsidy gravy train will keep rolling.
There will be a number of states in 2018 with no individual health insurance policies available. This has to be addressed this year.
Aetna is offering policies in my area, just not covering the main hospitals and associated medical offices!
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