Aetna isn't feeling quite so good about the Affordable Care Act marketplace after all.
The health insurance giant, which is gearing up for a legal battle with the U.S. Department of Justice over its attempts to acquire rival Humana, announced this week that it will not expand into more ACA state marketplaces and that it may soon exit the 15 in which it currently sells plans.
America's third largest insurer projects that it will lose $300 million on its ACA business this year, putting it in similar territory as the other "big five" insurers, all of whom have indicated that they have yet to turn a profit on Obamacare.
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