Aetna will leave most Obamacare exchanges, projecting losses

August 16, 2016 2:37 PM

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Aetna will leave most Obamacare exchanges, projecting losses

Aetna, the nation's third largest health insurer, announced Monday night that it will dramatically pull back from the marketplaces set up by the Affordable Care Act, cutting its participation from 15 states to four next year.

Aetna's announcement is the latest signal by large insurers that they are struggling to make money in the marketplaces. Chief executive Mark Bertolini said in a statement that there are not enough the balance of healthy people and to financially offset those with major health problems who require hi...

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