Sunday, June 23, 2013

Aetna Taps Out of California's Individual Insurance Market

"If you like your plan you can keep it" - unless you have an Aetna plan.   As reported in the San Jose Mercury News:  

Aetna will stop selling individual health insurance policies in California next month, just weeks after opting out of the exchange that is being established as part of the national health care reforms ... Aetna says it has about 58,000 individual enrollees in the state and expects to have about 49,000 by the end of the year. It plans to withdraw from the state at the end of the year but will continue to offer small and large group plans, as well as Medicare, dental and life insurance products.