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Stock impact report

CVS Plans To Exit Obamacare In 2026, Impacting 1 Million Aetna Members [Forbes]

CVS Health Corporation (CVS) 
Last cvs health corporation earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cvshealth.com
Company Research Source: Forbes
The decision, disclosed Thursday on a day when the company reported nearly $1.8 billion in net income amid a financial turnaround, comes as a relatively new management team at CVS works to get rising healthcare costs in its Aetna brand health insurance plans under control. “The company decided to exit the individual exchange business where Aetna independently operates ACA plans for 2026,” CVS said in a statement Thursday accompanying its first quarter earnings report regarding coverage its Aetna health insurance unit sells under the Affordable Care Act known as Obamacare. “This decision is consistent with others taken this year to focus the company's portfolio,” CVS said. “The company is best able to serve members through its other health benefit solutions, which offer access to quality care, affordable health benefits and exceptional service. The company will continue delivering superior service and support to its individual exchange members through 2025 and residual activities Show less Read more
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