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Cotton Statement on Aetna’s Announcement Cancelling their Planned Expansions into the Obamacare Exchanges

August 2, 2016

Contact: Caroline Rabbitt (202) 224-2353

Washington, D.C.- Senator Tom Cotton (R-Arkansas) today released the following statement on Aetna's announcement that they are cancelling their planned expansions into the Obamacare exchanges:

"Aetna's announcement is further confirmation that Obamacare is coming apart at its seams. Aetna is following other insurance companies that have already recognized that Obamacare is a failure, and more are likely to follow suit. Fewer insurance choices will mean higher premiums for Arkansans and all Americans. Even one of Obamacare's chief architects admits he was wrong about the major assumptions behind this unworkable law. The only solution is full repeal. Until then, Congress should pass the Obamacare Mandate Relief Act, which would give a reprieve to Arkansans and Americans who can't afford Obamacare's premium hikes."