Cigna’s exit adds to ObamaCare marketplace upheaval

2 weeks ago 11

Cigna is pulling out of the Affordable Care Act (ACA) exchanges in 2027, the company said, adding to the turmoil facing the individual marketplace after the loss of enhanced federal subsidies. Executives announced the decision on Cigna’s earnings call Thursday, a day when the company reported a better-than-expected first quarter, including $1.7 billion in first quarter net income. Cigna is now the second…

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