Aetna Sees Profitability, Stability In Public Exchange Market; To Drop Non-ACA Compliant Plans

By Amy Lotven / October 30, 2014 at 2:40 PM
Aetna CEO Mark Bertolini told investors this week that the company is making a modest profit from exchange business, but is losing money on its off-exchange individual plans, which the company suggested it will no longer be offering in hopes that individuals will transition to its exchange QHPs. Aetna officials also said that they expected about $320 million in receivables from the health law's temporary reinsurance program, and, for the first time this year, recorded a net payable of $97...


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