Time and experience are sorting the winners from the not-so-winning purveyors of health plans on government exchanges.
The latest to announce a pending exit strategy: Humana. In the midst of its merger with recently acquired Aetna, Humana said it would cut its Patient Protection and Affordable Care Act (PPACA) losses by exiting certain states. The information was disclosed as part of its quarterly statement to shareholders.
UnitedHealth has already said it would reduce its exposure on the exchanges by leaving certain states and offering fewer products on other exchanges.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
