Aetna to quit Obamacare market in Virginia

|About: Aetna, Inc. (AET)|By:, SA News Editor

Aetna (NYSE:AET) says it will not sell Obamacare individual insurance plans in Virginia next year, citing "growing uncertainty" in the market and $200M in expected losses on the business this year.

AET, which already has sharply curbed its 2017 participation in the marketplace to cover just four states, said last month it would leave Iowa.

UnitedHealth, which has largely stopped selling Obamacare plans, said last month it was pulling out of Virginia.

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