Aetna to drop from all Obamacare markets in 2018

TheStruggle

Yellow Card
Banned
Joined
Mar 14, 2013
Messages
28,152
Reaction score
0
Aetna Inc. said it will pull out of the Affordable Care Act exchanges in Delaware and Nebraska next year, confirming that the insurer will exit all of the marketplaces where it currently sells plans.

Earlier, Aetna AET, +0.94% announced it was leaving the exchanges in Iowa and Virginia, its other two current marketplace states. The company also said publicly that it planned on “significantly reducing” its marketplace business, which has continued to lose money even though Aetna had already sharply cut its exchange footprint in 2017 from 15 states last year.

Aetna said its individual plans are projected to lose more than $200 million this year, and “those losses are the result of marketplace structural issues that have led to co-op failures and carrier exits, and subsequent risk pool deterioration.” The insurer said that “at this time [we] have completely exited the exchanges.”

However, Heather Korbulic, executive director of Nevada’s health-insurance marketplace, said Aetna has filed materials indicating that it will offer plans there next year. “We are anticipating their participation in the exchange for 2018,” she said. “We’re happy there will be more competition in the marketplace.” Aetna agreed to enter the exchange as part of a contract to manage Medicaid plans in the state, she said.



http://www.marketwatch.com/story/ae...rent-affordable-care-act-exchanges-2017-05-11



Democrats: Millions will die if you repeal Obamacare....
 
obama-if-i-like-your-plan-you-can-keep-it.jpg
 
So instead of fixing the problems in specific states we should repeal the whole thing and knock 10s of millions off of insurance? Yeah, that makes about as much sense as amputating your arm because you got a paper cut on your finger.
 
Poor Aetna, how will they ever survive on their billion dolls profits.


Aetna said its individual plans are projected to lose more than $200 million this year


This is why Democrats choose art degrees and not business degrees
 
So instead of fixing the problems in specific states we should repeal the whole thing and knock 10s of millions off of insurance? Yeah, that makes about as much sense as amputating your arm because you got a paper cut on your finger.


How many of those are forced into Obamacare due to mandates?
 
So instead of fixing the problems in specific states we should repeal the whole thing and knock 10s of millions off of insurance? Yeah, that makes about as much sense as amputating your arm because you got a paper cut on your finger.



Well Aetna can't survive on their billion dollar profits so we should allow them free reign so they can make even more. Fixing the problem would make to much sense.
 
Aetna said its individual plans are projected to lose more than $200 million this year


This is why Democrats choose art degrees and not business degrees

https://news.aetna.com/news-releases/aetna-reports-fourth-quarter-and-full-year-2016-results/

Aetna’s 2016 results exceeded previous projections despite continued challenges in the public exchanges, and I have a great deal of confidence in the company’s future, including our long-term prospects for growth,” said Mark T. Bertolini, Aetna chairman and CEO. “As we consider next steps in our proposed acquisition of Humana, we remain focused on our core strategy to deliver innovative, consumer-centric solutions that improve quality, affordability and the overall member experience.”

<puh-lease75>
 
Americans need to burn big pharma
 
So instead of fixing the problems in specific states we should repeal the whole thing and knock 10s of millions off of insurance? Yeah, that makes about as much sense as amputating your arm because you got a paper cut on your finger.
lmao would y'all stop with this silly number? "Tens of millions! Think of the children!" 80% of them got stuck on Medicaid.
 
https://news.aetna.com/news-releases/aetna-reports-fourth-quarter-and-full-year-2016-results/

Aetna’s 2016 results exceeded previous projections despite continued challenges in the public exchanges, and I have a great deal of confidence in the company’s future, including our long-term prospects for growth,” said Mark T. Bertolini, Aetna chairman and CEO. “As we consider next steps in our proposed acquisition of Humana, we remain focused on our core strategy to deliver innovative, consumer-centric solutions that improve quality, affordability and the overall member experience.”

<puh-lease75>


Except Aetha has been calling this move for over a year but according to Dems they should eat $200 million dollars losses in order to keep their failing big government takeover intact while simultaneously be expected to provide quality healthcare
 
Just get rid of the health insurance companies already.

And pay up front for everything? I like your thinking KONG. But why not just have catastrophic care go to an insurance plan though?

While we're at it let's get away with all the licensures that artificially constrain the market of HC suppliers.
 
How many of those are forced into Obamacare due to mandates?

How is that related to what I said? Yes, there is a mandate, what is your point?

lmao would y'all stop with this silly number? "Tens of millions! Think of the children!" 80% of them got stuck on Medicaid.

Sorry if it stings but that is the real number. Under the ACA 10 million people that didn't have insurance got it. And the first health proposal was scored by the CBO state that 24 million would lose insurance by 2024. It's fucking real and attempts to marginalize the problem are not helpful.
 
Except Aetha has been calling this move for over a year but according to Dems they should eat $200 million dollars losses in order to keep their failing big government takeover intact while simultaneously be expected to provide quality healthcare

"Aetna's 2016 results exceeded previous projections..."

Come the hell on son, you can't cry poor when you're beating expectations and making massive profits year after year. If you believe that, you're a fool.
 
And pay up front for everything? I like your thinking KONG. But why not just have catastrophic care go to an insurance plan though?

While we're at it let's get away with all the licensures that artificially constrain the market of HC suppliers.


Health insurance companies are a needless middleman
 
Back
Top