Aetna to stay on exchanges in 15 states — and may add more

Although other health insurers — like UnitedHealth and Humana — are exiting the Affordable Care Act exchanges in 2017, Hartford, Conn.-based Aetna will keep offering plans in 15 states — and potentially add even more, according to The Wall Street Journal.

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During the insurer’s first quarter earnings call, CEO Mark Bertolini said Aetna considered the ACA exchanges a “good investment.”

Spokesman T.J. Crawford said Aetna has submitted proposed rates to regulators in each of the states where it currently offers plans. He added that Aetna has “no plans at this point to withdraw from any of those states,” according to the report.

What’s more, Mr. Crawford said Aetna has “preserved [its] options to enter certain new geographies pending careful evaluation of marketplace conditions,” though it has “not made any final decisions on where we might enter new [ACA] states,” according to the report.

Thus far, a regulator in Oklahoma has been informed of Aetna’s plans to sell on the ACA marketplace in 2017.

More articles on payer issues:
53% of exchange consumers satisfied with coverage: 7 survey findings
ACA rate increases won’t be as high as predicted in NC
Cigna CFO: We underestimated the ‘depth and complexity’ of antitrust investigation

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