Aetna/CVS pulling out of ACA exchanges next year as GOP allows IRA subsidies to expire

ACASignUps.net “CVS Plans To Exit Obamacare In 2026, Affecting 1 Million Aetna Members – CVS Health plans to exit the individual health insurance business also known as Obamacare next year, leaving about 1 million Aetna members in 17 states looking for new coverage in 2026…CVS’ move to exit the individual insurance market comes as the Donald Trump White House and Republicans in Congress ponder cuts to health insurance benefits to pay for tax cuts for wealthy Americans. Trump has never been a fan of Obamacare, which he tried and failed several times to repeal in his first term, and his administration has already made moves to cut spending on such health benefits, already slashing what the federal government spends on navigators that help people sign up for Obamacare coverage. Meanwhile, it remains unclear whether subsidies Americans use to buy individual coverage will remain once Congress has passed its budget. Enhanced tax credits to buy Obamacare that were signed into law by former President Joe Biden run out at the end of this year, and there are questions about whether a Congress led by Republicans will extend them. Such tax credits contributed to record Obamacare enrollment of 24 million for this year…CVS has about 1 million people in its Aetna brand individual health insurance plans spread across 17 states. Those Aetna health plan members will have to purchase new coverage on the ACA’s exchanges this fall when insurers unveil their benefits for 2026…”