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Aetna Inc. is quitting Virginia's Obamacare market for 2018, the second state that Chief Executive Officer Mark Bertolini is exiting as he seeks to limit his insurer's risks from the beleaguered health law. "We will not offer on- or off-exchange individual plans in Virginia," Aetna said in an emailed statement, citing $200 million or more in losses the company anticipates this year on individual products.
It was a rough day for the already-roiled U.S. health insurance market: One giant merger was abandoned, another is threatened by infighting, and a major insurer announced it will stop selling coverage on public exchanges in 11 states. Both merger deals had already been rejected by federal regulators and judges, but the companies were considering appeals to those decisions.
CW44 Station Bio- WTOG-TV first began operations on November 4, 1968, broadcasting on UHF channel 44. Originally owned my Minnesota-based Hubbard Broadcasting Corp., WTOG solidified itself in the Tampa Bay market by being the area's only independent television station. With broadcast coverage reaching throughout central and southwest Florida, WTOG was billed "Florida's Super Station" and quickly [] Appellate Court Takes Up 'Making a Murderer' Inmate's case A federal appeals court will consider the fate of a Wisconsin inmate featured in the Netflix series "Making a Murderer."
Republicans in Congress have insisted the only way to fix Obamacare is to repeal it. But with Barack Obama about to leave the White House, several Republicans sound willing to tweak it rather than kill it.
A slew of news, from insurers dropping out to possible fraud among healthcare providers, has all accumulated in a deluge of negative headlines for one of President Obama's signature law. While there are issues, and this past week highlighted many of them, it does appear that there is a long road ahead before we have a definitive understanding of Obamacare's survival and a good chance that it makes it.
As questions grow about Anthem's proposed acquisition of Cigna, the Indianapolis-based company says the completion of the deal remains "the highest priority." "Anthem and Cigna are not in discussions regarding a termination of the merger agreement or the payment of a break-up fee," said Anthem spokeswoman Jill Belcher.