Aetna Ditching 70% of its ObamaCare Business

Aetna Ditching 70% of its ObamaCare Business August 16, 2016 Insurance giant Aetna won’t be offering coverage under ObamaCare next year in 11 of the 15 states it now serves — an announcement that instantly became an issue in the presidential race. Aetna’s decision led Donald Trump to charge that President Obama’s health care reform…

US Sues to Block 2 Health Insurance Mega-Mergers

US Sues to Block 2 Health Insurance Mega-Mergers July 21, 2016 The Justice Department on Thursday moved to keep the health insurance industry more competitive by suing to block two mega mergers. The deals — Anthem’s $54 billion proposal to buy Cigna and Aetna’s $37 billion deal to buy rival Humana — would reduce the…