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What Aetna's Drawback Means For Obamacare

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In this Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for health insurer Aetna Inc., at the company headquarters in Hartford, Connecticut. (Jessica Hill/AP)
In this Tuesday, Aug. 19, 2014, file photo, a pedestrian walks past a sign for health insurer Aetna Inc., at the company headquarters in Hartford, Connecticut. (Jessica Hill/AP)

The Obama administration is reportedly preparing a new campaign to enroll more healthcare participants under the Affordable Care Act after several high-profile drawbacks by major insurers, including most recently, Aetna.

The provider, which announced Tuesday it would pull out of Obamacare exchanges in 11 of 15 states, cited financial losses, but in a July 5 letter released by the Huffington Post, Aetna chief executive Mark Bertolini said the company would reduce its ACA involvement if the Department of Justice moved to block a planned merger with Humana.

Here & Now's Robin Young speaks with business journalist Ali Velshi about the letter and what the exchange reductions may mean for Obamacare.

Guest

Ali Velshi, business journalist. He tweets @AliVelshi.

This segment aired on August 18, 2016.

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