What Aetna's move to pull insurance plans from MD exchange means

Baltimore Business Journal, August 6, 2013

Aetna's decision Friday to withdraw the health insurance plans it had intended to offer through the state insurance exchange will have ramifications for everyone involved — including consumers. The Maryland Insurance Administration on July 26 released rates for plans to be offered to individuals through the new online marketplace, Maryland Health Connection, that were significantly lower than those requested by insurers. Aetna and Coventry Health, which Aetna owns, now say they were withdrawing from the exchange because the rates approved were too low. Aetna and Coventry had sought among the steepest increases and the rates approved by the insurance administration were significantly below what the insurer had requested.


MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.