Many Large Insurers Opting Out of Insurance Exchanges
Many large and popular health insurers -- such as Aetna, Cigna and UnitedHealth -- are choosing not to participate in the Affordable Care Act's insurance exchanges because of concerns that enrollees will have costly pre-existing conditions or chronic illnesses. In the absence of big insurers, smaller local insurers are expected to enter the marketplaces and offer comparatively lower rates.
- "Big Insurers Skip Health Exchanges" (Martin, Wall Street Journal, 9/18).