As Trump Cuts Health, More May Exit Obamacare Like CVS Health’s Aetna
The post As Trump Cuts Health, More May Exit Obamacare Like CVS Health’s Aetna appeared on BitcoinEthereumNews.com. News that CVS Health’s Aetna is pulling out of the individual health insurance business, also known … More as Obamacare, could mean more insurers will follow if Donald Trump and his fellow Republicans in Congress cut health benefits. In this photo, Trump attends a swearing in ceremony for Dr. Mehmet Oz for Medicare and Medicaid Services Administrator in the Oval Office at the White House on April 18, 2025 in Washington, DC. (Photo by Andrew Harnik/Getty Images) Getty Images News that CVS Health’s Aetna is pulling out of the individual health insurance business, also known as Obamacare, could mean more insurers will follow if President Trump and his fellow Republicans in Congress cut health benefits. CVS’ decision, announced last week, leaves about 1 million people in 17 states looking for new coverage in 2026. That’s a fraction of the more than 24 million Americans who signed up for such coverage on the Affordable Care Act (ACA) exchanges last fall. But Republicans and the Trump White House are making moves to make it difficult on health insurers to sell Obamacare. The Trump administration, via the Centers for Medicare & Medicaid Services, earlier this year slashed what the federal government spends on navigators that help people sign up for Obamacare coverage. If the cuts to navigators lead to fewer signing up for coverage, that hurts health insurers. Some of the biggest players in Obamacare, including Centene and Oscar Health, UnitedHealth Group’s UnitedHealthcare and many operators of Blue Cross and Blue Shield plans such as Elevance Health have seen record growth in their individual coverage business in recent years. Obamacare has come a long way with millions of Americans gaining such coverage in part due to expanding subsidies that allow more people to afford health insurance. The subsidies were enhanced thanks to moves…
The post As Trump Cuts Health, More May Exit Obamacare Like CVS Health’s Aetna appeared on BitcoinEthereumNews.com.
News that CVS Health’s Aetna is pulling out of the individual health insurance business, also known … More as Obamacare, could mean more insurers will follow if Donald Trump and his fellow Republicans in Congress cut health benefits. In this photo, Trump attends a swearing in ceremony for Dr. Mehmet Oz for Medicare and Medicaid Services Administrator in the Oval Office at the White House on April 18, 2025 in Washington, DC. (Photo by Andrew Harnik/Getty Images) Getty Images News that CVS Health’s Aetna is pulling out of the individual health insurance business, also known as Obamacare, could mean more insurers will follow if President Trump and his fellow Republicans in Congress cut health benefits. CVS’ decision, announced last week, leaves about 1 million people in 17 states looking for new coverage in 2026. That’s a fraction of the more than 24 million Americans who signed up for such coverage on the Affordable Care Act (ACA) exchanges last fall. But Republicans and the Trump White House are making moves to make it difficult on health insurers to sell Obamacare. The Trump administration, via the Centers for Medicare & Medicaid Services, earlier this year slashed what the federal government spends on navigators that help people sign up for Obamacare coverage. If the cuts to navigators lead to fewer signing up for coverage, that hurts health insurers. Some of the biggest players in Obamacare, including Centene and Oscar Health, UnitedHealth Group’s UnitedHealthcare and many operators of Blue Cross and Blue Shield plans such as Elevance Health have seen record growth in their individual coverage business in recent years. Obamacare has come a long way with millions of Americans gaining such coverage in part due to expanding subsidies that allow more people to afford health insurance. The subsidies were enhanced thanks to moves…
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