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

 
Topics: ACA (Affordable Care Act), Insurance, Payer, Public Exchange
Why 'intellectual curiosity' is key for payer CEOs
UnitedHealth's rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
Managed Care Reflections: Insights From Richard J. Gilfillan, MD; and Donald M. Berwick, MD, MPP
10 payers cutting jobs | 2025
Contributor: Beyond a One-Size-Fits-All for Managed Care Plan Benchmarks

Share This Article