News that Aetna, the county's third largest insurer, is slashing its Affordable Care Act participation is not the Obamacare-apocalypse that Republicans are making it out to be. But, coupled with similar moves by two other large insurance companies, the decision points to legitimate challenges some carriers are facing on the ACA exchanges, industry experts tell TPM.
The marketplaces are still working for other plans, and there's reason to believe the big insurers scaling back now might be willing to give the exchanges another try down the road, the analysts predict. Other issues might require the attention of lawmakers, and the hyper-partisan atmosphere that lingers around the law isn't helping.
Here are five points on what it means for Obamacare that Aetna is scaling back its involvement in the exchanges by 70 percent:
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