Just Pinned to Domestic and Global News: AETNA Quits Virginia Obamacare Market... Aetna Inc. is quitting Virginias Obamacare market for 2018 the second state that Chief Executive Officer Mark Bertolini is exiting as he seeks to limit his insurers 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 wouldnt sell Obamacare plans on Iowas market next year. With Aetnas Virginia exit the insurer will only be in Delaware and Nebraska next year if it doesnt leave those too. We will communicate decisions on our remaining states as appropriate Aetna said in the email. Insurers have been questioning their participation in the Affordable Care Act as they take losses and see a Republican Congress and White House that have threatened to repeal or undermine the law. President Donald Trumps ad
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