Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
AP file photo
Aetna announced this morning that it's not going to sell health insurance in the Iowa Obamacare marketplace next year — just days after Wellmark Blue Cross and Blue Shield, the state's dominant insurer, said it was pulling out. In a statement, Aetna spokesman T.J. Crawford said the insurer is withdrawing because of "financial risk and an uncertain outlook for the marketplace." He said Aetna is still deciding whether to participate in other states.
Why it matters: It's just one state, but the withdrawal of two major insurers in the same week could be a sign of an Obamacare meltdown there — and a bad sign for other states where insurers are on the fence. The decision leaves at least two other insurers in the Iowa Obamacare marketplace — Medica and Gundersen Health Plan, per the Gazette.