
Aetna lied about why it dropped some Obamacare protection
A federal decide has dominated that Aetna wasn't being truthful when the well being insurer stated final summer time that its resolution to tug out of most Obamacare exchanges was strictly a enterprise resolution triggered by mounting losses. U.S. District Decide John Bates concluded this week that Aetna's actual motivation for dropping Obamacare protection in a number of states was "particularly to evade judicial scrutiny" over its merger with Humana. Aetna pulled out of Obamacare exchanges in 11 states final August, together with 17 counties in Florida, Georgia and Missouri the place the Division of Justice argued the merger would wipe out competitors. That call to retreat from Obamacare got here only a month after the Division of Justice blocked Aetna's $34 billio...