Another big insurer expects Obamacare losses

Published



Cigna on Friday became the latest major insurer to have profitability problems in its Obamacare business.

The insurer said it expected reductions in customers in its individual business, a majority of which is Obamacare’s exchanges. The insurer didn’t report specific profit or loss data for its Obamacare business, similar to how other insurers have reported results.

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