business
Aetna moves forward cautiously with insurance exchanges
NEWS IN BRIEF — Posted Dec. 31, 2012
Aetna says it expects to participate in individual health insurance exchanges in up to 15 states in 2014.
At the 2012 Aetna Investor Conference on Dec. 12, company officials said the exchanges offer opportunities for growth but that exchanges will be approached with caution until it is certain they represent stable marketplaces. After a transition period, Aetna will exit the market areas if it can’t earn its cost of capital on exchanges, officials said.