U.S. health insurer Humana Inc, which plans to be bought by larger Aetna Inc, is considering ending the sale of ObamaCare individual plans in some states in 2017 to stem losses there.
Humana’s individual business, which sells plans under President Barack Obama’s Affordable Care Act, has been a drag on results, and the company still expects to lose money this year. Humana sells plans in 15 states.
The company said on Wednesday that first-quarter earnings fell 46 percent due to higher costs in individual plans, including ObamaCare, and its direct-to-customer Medicare Advantage plans.
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