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Subject: If you like your health insurance policy, you can keep it...

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Ed Gooding (VA)    Posted 05-04-2017 at 10:28:37 [URL] [DELETE]        [Reply] [Email]  
  • If you like your health insurance policy, you can keep it...
  • Really? We can't seem to even keep entire insurance companies in Virginia:



    Aetna to Quit Virginia's Obamacare Market

    Aetna Inc. is quitting Virginia’s Obamacare market for 2018, the second state that Chief Executive Officer Mark Bertolini is exiting as he seeks to limit his insurer’s risks from the beleaguered health law.

    “We will not offer on- or off-exchange individual plans in Virginia,” Aetna said in an emailed statement, citing $200 million or more in losses the company anticipates this year on individual products. The insurer also cited “growing uncertainty in the marketplace” for the plans.

    UnitedHealth Group Inc., which has largely stopped selling ACA health plans, said last month it was pulling out of Virginia. Also in April, Aetna said it wouldn’t sell Obamacare plans on Iowa’s market next year.

    With Aetna’s Virginia exit, the insurer will only be in Delaware and Nebraska next year, if it doesn’t leave those too.

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    steveVa    Posted 05-04-2017 at 15:20:15 [URL] [DELETE]        [Reply] [No Email]  
  • Re: If you like your health insurance policy, you can keep it...
  • I always wonder how the fed govt can spend billions of dollars subsidising insurance plans yet the insurers claim they are not making money. I pressed an exec I knew and he said that they do not consider that they are making a large enough profit. That is code speak for , we drop the products that dont make a 80% profit. Which is amazing.

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