Wednesday, August 7, 2013

Another Large Insurance Carrier Exits ObamaCare

National Review reports that "one more insurance company has announced that it’s pulling out" of an ObamaCare health-exchange...

 

(National Review) Aetna, one of the nation’s largest insurers, announced last Friday that it was pulling out of Maryland’s health insurance exchange after regulators demanded that it slash premiums the company had proposed by 29 percent, the Baltimore Sun reported.

The company, which recently purchased Coventry Health Care, said that it wouldn’t be able to cover its costs if it charged what regulators were demanding.

It is not the first time Aetna makes that decision somewhere, nor is it the only company to pull out...

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Posted By: Chris Carmouche