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Aetna Pulling Out of Maryland Obamacare Exchange After State Demanded Lower Rates

Aetna Inc pulled out of Maryland’s health insurance exchange being created under President Barack Obama’s healthcare reform law after the state pressed it to lower its proposed rates by up to 29 percent.

Under the law, often called Obamacare, each U.S. state will have an online exchange where Americans will be able to buy insurance plans, starting on October 1. The government is counting on about 7 million people to enroll next year for this insurance, many of whom will qualify for subsidies.

Source: Reuters. Read full article. (link)

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  • maureen||

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  • Squirrel Hill||

    Maryland voted for Obama and Obamacare. Check out the hypocrisy - Obama just gave liberal Massachusetts an illegal Obamacare waiver: http://danfromsquirrelhill.wor.....hypocrisy/

  • Squirrel Hill||

    Obamacare is based on lies, hypocrisy, and illegal activities. Here are 35 examples. http://danfromsquirrelhill.wor.....obamacare/