Aetna, Inc., the third-largest health insurance provider in the U.S., has announced that it will be pulling out of the individual policy market in Indiana. The company is the latest in a wave of insurers that have been fleeing the Indiana market recently. The exodus is due, in part, to the waning competition in the state thanks to health insurance exchanges. Exchanges promise to bring affordable options to consumers, often at a price that insurers are unwilling or unable to match. The insurer notified the Indiana Department of Insurance in…
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