Photographer: Joshua Lott/Bloomberg
Health Care

Aetna's Retreat From Obamacare Is More Than It Seems

Sure, it's losing money. But it's also at odds with the Obama administration over a merger.

Aetna is pulling out of 11 of the 15 states it serves on the Obamacare exchanges. Longtime readers of this column will be unsurprised at the reason: It’s losing substantial amounts of money on its exchange policies.

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