Aetna cancels plan to expand Obamacare coverage

Connecticut-based Aetna says it will cancel its previous plan to expand its Obamacare coverage.



The insurer also says it will take a closer look at the coverage it offers in 15 states.



Aetna says it will likely lose $300 million on Obamacare policies in 2016.



According to federal statistics, more than 11 million people enrolled in Obamacare this year.



 


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