Aetna Backtracks On ACA Expansion, Dealing A Blow To Obamacare

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Jose Ramirez (L) and Mariana Silva speak with  Yosmay Valdivia, an agent from Sunshine Life and Health Advisors, as they discuss plans available from the Affordable Care Act at a store setup in the Mall of the Americas on Dec. 15, 2014 in Miami, Florida. (Joe Raedle/Getty Images)
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Aetna, one of the largest healthcare providers to participate in Affordable Care Act plans, said Tuesday it will re-evaluate its participation in the 15 state exchanges where it offers coverage. It canceled plans to expand into five more states.

The insurer says it faces an estimated $300 million in losses on its Obamacare business, joining other major insurers concerned with the ACA’s viability.

Sarah Kliff of Vox speaks with Here & Now‘s Jeremy Hobson about what Aetna’s announcement reveals about the future of U.S. health law.

Guest

Sarah Kliff, senior editor covering healthcare for Vox. She tweets @sarahkliff.

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