Aetna Under Fire for Leaving ACA Amid Antitrust Lawsuit

The transcript discusses Aetna's decision to exit Obamacare exchanges due to financial losses, citing a $200 million loss in the second quarter and over $430 million since 2014. Aetna, a publicly traded company, is accused of using the ACA program as leverage for its merger with Humana, following a letter to the Justice Department expressing concerns over a lawsuit. Lawmakers are questioning Aetna about the costs related to the DOJ lawsuit and a $1 billion breakup fee. Aetna has significantly reduced its presence in ACA exchanges, a trend seen among other large insurers, raising concerns about the viability of the Obamacare program.

Why did Aetna decide to pull out of the Obamacare exchanges?

• To focus on international markets

• Because of financial losses

• Due to a merger with Humana

• To comply with new regulations

What was the main concern expressed in Aetna's letter to the Justice Department?

• Potential financial issues from a DOJ lawsuit

• A demand for increased subsidies

• A proposal for a new healthcare plan

• A request for tax incentives

What specific information are lawmakers seeking from Aetna?

• Details on international expansion plans

• Exact costs related to the DOJ lawsuit

• A list of new insurance products

• A report on customer satisfaction

How has Aetna's participation in the ACA exchanges changed?

• It has reduced its presence significantly

• It has completely withdrawn

• It has increased its presence

• It has maintained the same level of participation

What trend is observed among large insurers regarding the ACA program?

• They are expanding their participation

• They are pulling out of the program

• They are forming new partnerships

• They are increasing premiums