Aetna's announcement on Tuesday that it expects to lose money on Obamacare's individual health-insurance exchanges and won't expand its participation next year makes a worrisome five for five: All of the biggest U.S. health insurers now expect such losses.

Aetna had previously expected to participate in five more state exchanges and at least break even on the Affordable Care Act this year. Its downgraded view comes on the heels of Anthem's revelation last week that it also no longer expects to break even or profit on Obamacare, along with a warning of "prudent" decisions about continued broad participation in the program.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Core and Group Health
Consumer Driven Health Care