Small Social Security cost-of-living adjustment likely for 2017

September 12th, 2016 | By: Mary Beth Franklin Although we are still a month away from an official announcement about the size of the annual cost-of-living adjustment (COLA) for Social Security benefits in 2017, the latest Social Security Trustees report projects a 0.2% increase in benefits next year. That would boost the average Social Security…

Blog: To cure ACA exchange ills, why not merge the entire individual insurance market?

August 24th, 2016 | By: Harris Meyer  The hand-wringing over insurer pullouts and premium spikes in the Affordable Care Act exchanges is growing frantic since Aetna announced last week it would exit from the marketplaces in 11 of the 15 states where it currently sells plans. UnitedHealthcare and Humana previously had retreated from the exchanges,…

For the first time, a county in America has lost all of its Obamacare insurers

August, 22nd 2016 | By: Bob Bryan  Pinal County, Arizona, right next to Phoenix, was founded in 1875 and is home to roughly 400,000 people. It’s also the county that Obamacare forgot. After Aetna’s announcement that it will roll back 70% of its offerings in public exchanges, Pinal County appears to be the only county…

Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger

August, 17th 2016 | By: Jonathan Cohn and Jeffrey Young The big health care news this week came from Aetna, which announced on Monday it was dramatically scaling back participation in the Affordable Care Act ― thereby reducing insurer competition and forcing customers scattered across 11 states to find different sources of coverage next year. Aetna…

Aetna to drop some Affordable Care Act markets

August 15th, 2016 | By: The Wall Street Journal Aetna Inc. will withdraw from 11 of the 15 states where it currently offers plans through the Affordable Care Act exchanges, becoming the latest of the major national health insurers to pull back sharply from the law’s signature marketplaces after steep financial losses. Aetna’s move will…

3 ways Aetna shook the ACA’s foundations

August 2nd, 2016 | By: Allison Bell Aetna executives were kinder to the Affordable Care Act public exchange system and market rules in the first quarter than executives at some of the company’s competitors. Mark Bertolini, chairman of the Hartford, Connecticut-based company, said improving and saving the ACA exchange system would be a good investment,…

Health insurer Aetna backs off ObamaCare expansion plans

August 2nd, 2016 | By: Associated Press Aetna became the latest health insurer to cast doubt upon its future in the Affordable Care Act’s insurance exchanges after it called off a planned expansion Tuesday and suggested it could abandon that market completely. A departure by Aetna, the nations’ third-largest insurer, could further reduce the number…

Special Enrollment Period for FFM

SEP available through FFM   CMS has recently released a memo regarding Qualified individual who can qualify for a Special Enrollment Period if they meet certain eligibility criteria for the Federally-facilitated Marketplace. These Special Enrollment Periods are as follow.  Loss of qualifying health coverage Change in household size Change in primary place of living Change…

Aetna CEO Has ‘Serious Concerns’ About Obamacare Sustainability

February 1st, 2016 | Zachary Tracer The head of the third-biggest U.S. health insurer said he has “serious concerns” about whether or not Obamacare’s new markets are sustainable, echoing criticism from other top for-profit insurers. “We continue to have serious concerns about the sustainability of the public exchanges,” Aetna Inc. Chief Executive Officer Mark Bertolini…