Tuesday, August 6, 2013

Aetna exits Maryland Obamacare exchange

Aetna exits Maryland Obamacare exchange | WashingtonExaminer.com 

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. ...
The gilt has come off the rose.