Written by Morgan Haefner
Louisville, Ky.-based Humana will exit several state Affordable Care Act individual exchanges it participated in this year, citing around $1 billion in losses, The Hill reported.
The insurer will offer plans in no more than 11 state exchanges next year, according to its earnings report. In May, Humana announced it will not sell ACA plans in Alabama and Virginia in 2017. Humana participated in 15 state marketplaces this year.