Aetna Better Health on Thursday put the state of Illinois on notice.
The insurer said it might terminate Medicaid contracts in the wake of the state’s funding crisis.
Illinois currently owes Aetna (NYSE: AET) more than $698 million, according to Crain’s Chicago Business. The insurance company filed its intent to exit the state with some optimism that the issue could be resolved.
"We have filed notices of intent to terminate our contracts but hope those terminations will ultimately be unnecessary…
Aetna Better Health on Thursday put the state of Illinois on notice.
The insurer said it might terminate Medicaid contracts in the wake of the state’s funding crisis.
Illinois currently owes Aetna (NYSE: AET) more than $698 million, according to Crain’s Chicago Business. The insurance company filed its intent to exit the state with some optimism that the issue could be resolved.
"We have filed notices of intent to terminate our contracts but hope those terminations will ultimately be unnecessary…