Health insurer Aetna has opted not to sell individual coverage through New York's new health insurance exchange, according to a report from The Hartford Courant.
The insurer issued a statement explaining it has decided to participate in a number of state exchanges where it can be competitive and add the most value to the market, according to the report.
Aetna has withdrawn from various marketplaces this summer, including exchanges in Ohio, Maryland, Connecticut and Georgia. The insurer has also opted out of exchanges in Tennessee and Texas. Additionally, Aetna has announced it will drop out of California's individual insurance market entirely later this year for unspecified reasons.
More Articles on Aetna:
Aetna Drops Out of Ohio Health Insurance Exchange
Aetna Withdraws from Maryland Health Exchange
Aetna Opts Out of Connecticut Health Insurance Exchange