Aetna Drops out of CT, MD Exchange
In a note on the Connecticut Insurance Department’s web site, Aetna’s senior actuary wrote:
“Please be assured this is not a step taken lightly, and was made as part of national review of our Exchange strategy.”
Aetna is headquartered in Connecticut. The move was prompted by pressure by the state insurance department to keep premium rates low. Aetna had a similar announcement a few days earlier that it was withdrawing from the Maryland exchange as well.
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