What Aetna's move to pull insurance plans from Maryland exchange means

Sarah Gantz 

Reporter- Baltimore Business Journal

Aetna’s decision Friday to withdraw the health insurance plans it had intended to offer through the state insurance exchange will have ramifications for everyone involved — including consumers.

The Maryland Insurance Administration on July 26 released rates for plans to be offered to individuals through the new online marketplace, Maryland Health Connection, that were significantly lower than those requested by insurers. Aetna and Coventry Health, which Aetna owns, now say they were withdrawing from the exchange because the rates approved were too low.

Read the full article here from The Baltimore Business Journal