Aetna, Coventry Drop Out of Georgia Health Insurance Exchange

Health insurer Aetna and its subsidiary Coventry Health Care have decided not to participate in Georgia's federally facilitated health insurance exchange.

Georgia Insurance Commissioner Ralph Hudgens issued a statement in response saying that he is not surprised by the decision, given that the Patient Protection and Affordable Care Act has created "great uncertainty" in the health insurance market.

With Aetna and Coventry off the market, only five insurance companies will offer plans through Georgia's exchange, according to Mr. Hudgens.

More Articles on Health Insurance Exchanges:
PPACA Insurance Rates to be Up to 36% Lower Than Expected
California Hospitals to Help Enroll Uninsured in PPACA's Exchanges
Republicans Pressure HHS to Release Insurance Exchange Premiums

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars