Big-Five health insurer Aetna abandoning majority of Obamacare business

Aetna – one of the five largest health-insurance companies in the nation – is cutting its losses and terminating its business in the majority of the counties in which it offers Obamacare coverage. Business Insider has the details: The firm said that after a review of its public-health-exchange business it determined that the nearly $300…

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Aetna reports financial difficulties, says its rethinking Obamacare participation

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Representatives from major health insurer Aetna this week announced the company is rethinking its involvement in Obamacare due to financial woes – no doubt to the chagrin of Obama-administration officials. The Washington Examiner has the story: Aetna said Tuesday it will not expand in Obamacare markets next year and is “undertaking a complete evaluation of…

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Golden State health-insurance premiums set to increase 13 percent

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President Obama’s signature health-insurance law is forcing Americans already cash-strapped to tighten their proverbial belts even more as premiums in the so-called “Land of Milk and Honey” are set to increase even more. The Los Angeles Times has the story: Premiums for Californians’ Obamacare health coverage will rise by an average of 13.2% next year…

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Oregon Obamacare co-op shutting its doors

Yet another state exchange created in the wake of the passage of Obamacare has come tumbling down. State officials from the Oregon Health Co-Op announced last week the insurance company is closing its doors, leaving its registrants scrambling to find new health insurance before the end of July. The Daily Signal has the details: Oregon’s…

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