Obama Tries to Sell Insurers on Obamacare After 2016 Defections
- Large insurers have retreated from the program, citing losses
- Republicans say premium increases signal dysfunction
Aetna to Quit 11 ACA Exchanges in Obamacare Exit
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President Barack Obama met with top executives from more than a dozen health insurers, including Humana Inc. and Cigna Corp., to re-affirm his support for the Affordable Care Act after several companies retreated from the law’s government-run insurance markets.
Obama dropped in on a meeting on Monday in Washington between top White House health officials and the executives before the 2017 enrollment period, according to a White House official. Earlier in the day, the president sent a letter to all companies offering coverage in Affordable Care Act’s insurance exchanges.