Live Insurance News

Aetna health insurance withdrawing from ACA exchanges next year

May 15, 2017May 13, 2017 G. Turner

The company has announced its departure from all marketplaces across the country in 2018. A number of large insurers have stepped out of certain specific marketplaces, but Aetna health insurance is backing out of the entire country. The health insurance company had already withdrawn from certain states, but this move is nationwide. Aetna health insurance will be taking on a complete removal from the Affordable Care Act’s marketplaces next year. It recently announced its decision as a result of ongoing financial losses. The insurer also cited uncertainty as to the…

Aetna health insurance backs out of Iowan individual exchange

April 10, 2017April 7, 2017 Nordstrom

A second large insurer has announced its intention to step out of the state, leaving residents in a lurch. Aetna health insurance has revealed its intentions to withdraw from the Iowa individual marketplace. This raises concerns that residents will not have any coverage options available for 2018. Tens of thousands of Iowans who purchased health plans through the insurance exchange may be out of luck. The Aetna health insurance exchange withdrawal will be effective as of January 2018. The insurance company informed state regulators that it has chosen to cease…

Insurance company merger between Aetna and Humana will not go forward

January 25, 2017January 23, 2017 H. Cutner

A federal judge has now ruled in favor of prohibiting the two health insurers from merging. The Justice Department’s decision to stop the insurance company merger between Aetna and Humana has been upheld by a federal judge. These two health insurance giants were appealing the decision with U.S. District Judge John. D. Bates. The original decision to block the merger between the health insurance companies occurred in July 2015. That said, Judge Bates concluded in a 158-page opinion that “The Court is unpersuaded that the efficiencies generated by the merger…

Apple Watch subsidy to launch at Aetna insurance

September 30, 2016September 28, 2016 Logan B.

The insurer has said that they will be willing to cover a “significant portion” of the price of the device. Consumers who have had their eye on a health and fitness tracker may be interested in the Apple Watch subsidy at Aetna. The insurance company has announced that it will be offering to pay for a portion of the price of the device when it will be used for keeping track of health data. That said, it is important to note that not all customers qualify for the subsidized smartwatch.…

Kentucky approves controversial health insurance deal between Aetna and Humana

February 18, 2016February 16, 2016 Marc

Kentucky insurance exchange health insurers

New Insurance Commissioner grants approval for Aetna’s acquisition of Humana Kentucky’s new Insurance Commissioner, H. Brian Maynard, has approved of a controversial acquisition plan from Aetna. The insurance provider has plans to acquire Humana in a deal that has caused concern among consumers and some government officials. The deal is valued at approximately $37 billion and some fear that it could have a dramatic impact on the health insurance market. Commissioner Maynard’s decision to approve the deal has been met with some criticism. Economists have yet to report on the…

Aetna insurance company sees surge in profits but still sees weaker forecast

February 4, 2016February 3, 2016 Julie Campbell

Despite the fact that the insurer has seen a strong close to 2015, its predictions aren’t as strong as Wall Street’s. The Aetna insurance company has closed 2015 with a very strong surge in its last quarter earnings, which rose by 38 percent when compared to its previous quarter. Even though its performance was better than predicted, its 2016 guidance has fallen short of Wall Street’s forecast. The insurance company is the third largest health insurer in the United States. Earlier this week, it announced that it is predicting adjusted…

Aetna leaves prominent health insurance trade group

January 13, 2016January 12, 2016 S.Vagus

online health insurance technology exchange

Aetna will no longer be part of America’s Health Insurance Plan Aetna, one of the largest insurers in the United States, has left the health insurance industry’s largest trade group. This has raised concerns among critics of the Affordable Care Act, who claim that as more insurers leave the trade group, the federal law may be in jeopardy. Aetna is the second large insurer to leave the America’s Health Insurance Plans group, which was a major supporter of the Affordable Care Act as it was being drafted. Trade group is…