Healthcare Finance News February 16, 2021
Jeff Lagasse

The ACA business has improved and Aetna will sell individual coverage in 2022, CEO says.New CVS Health President and CEO Karen Lynch

After a three-year hiatus, Aetna is reentering the Affordable Care Act market.

Karen Lynch, the new president and CEO of CVS Health, said during an earnings call on Tuesday that Aetna will reenter the ACA business. The ACA business has improved, she said, and Aetna will rejoin the ACA marketplace, selling individual coverage in 2022.

“We’ll accelerate the pace of progress via targeted investments that will drive consumer-focused strategy,” Lynch said. “We will create future economic benefit for CVS Health and its shareholders.”

WHY THIS MATTERS

Aetna said in 2017 that it would leave the market in...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

Continue Reading

 
Topics: ACA (Affordable Care Act), Insurance, Payer, Public Exchange
Related Articles:
Societal Perceptions Of Health Insurers: Knights, Knaves, Or Pawns?
Humana names CIO
How Crypto And Web3 Can Help Fix The Broken U.S. Healthcare System
Managed Care History Part III: The Rise of Machine-Driven Managed Care
Why America’s $4.5 Trillion Healthcare System Can’t Afford To Stay The Same

Share This Article