Is The Affordable Care Act Too Costly To Be Sustainable?
Insurance company Aetna said it's struggling under the costs of government health plans, a concern other providers have echoed.By Ben Lawson | April 15, 2016
Insurance companies and industry analysts are still concerned about the future of the Affordable Care Act.
The CEO of insurance provider Aetna says it's still too early to declare the federal health care program a failure but the company "continues to have serious concerns about the sustainability of the public exchanges."
A report from February found that insurance companies lost money in 41 states in 2014, meaning they were profitable in only nine states that year.