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Thursday April 24th 2014

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With Aetna & United Out of CA, Who’s Moving In?

gapcoverGiven Aetna and United’s scale and operations, the two payers were perfectly suited to help absorb the rush of newly insured patients in what’s likely to be a bumpy transition next year. But United and Aetna’s loss may be overstated. For example, the ACA offers more protections for consumers who need to shop around if their plans stop offering coverage. And they stress that Aetna and United combined covered fewer than 60,000 people in California’s two-million-strong individual market. Given the relative size of United and Aetna’s share of customers, “it barely causes a ripple for them not to be offering coverage,” according to a recent report at California Healthline.