Accuracy in Media

Obamacare is collapsing on its own, regardless of the Republicans’ passing an Obamacare repeal in the House of Representatives (known as the American Health Care Act, or AHCA). Aetna will withdraw from two more state exchanges, per CNN:

The insurance giant announced Wednesday that it would not offer policies in Nebraska or Delaware next year, completing its exit from the exchanges. Earlier this year, Aetna (AET) said it would pull out of Iowa and Virginia in 2018.

The company said it expects to lose more than $200 million in its individual business line this year, on top of nearly $700 million in losses between 2014 and 2016. Aetna withdrew from 11 of its 15 markets for 2017. It has 255,000 Obamacare policyholders this year, down from 964,000 at the end of last year.





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