Aetna completely exits Obamacare exchanges, cites massive losses

Health insurance giant Aetna said Wednesday that it will not be participating in any Obamacare exchanges in 2018. "Our individual commercial products lost nearly $700 million between 2014 and 2016, and are projected to lose more than $200 million in 2017 despite a significant reduction in membership," T.J. Crawford, Aetna spokesman, said in an email.-- More...