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Aetna Will Not Leave ACA Exchanges

Aetna confirmed plans to maintain health insurance products in all 15 states where it sells coverage on public exchanges under the Affordable Care Act and may even expand into new markets. (Forbes)

The announcement adds to the mixed picture that the industry has been providing about companies’ willingness to stick it out on the exchanges, which have generated red ink for many insurers. (Wall Street Journal)

Rival insurers UnitedHealth and Anthem have missed profit expectations because of losses in their own individual Obamacare businesses. UnitedHealth has said it will exit most of its Obamacare exchanges next year. (CNBC)

Aetna’s Medicaid business boasted 2.3 million enrollees in the 2016 first quarter. That’s an increase of 230,000 Medicaid customers compared to the 2015 first quarter. Much of the growth represents newly insured individuals subsidized under the ACA. (HealthcareDIVE)

Read more on how the top US health insurers did in the first quarter of 2016 and what role Obamacare had in their earnings results:

Top US Health Insurers’ Q1 Earnings Roundup