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Obamacare is in a death spiral, Aetna CEO says
NEW YORK (CNNMoney) -- Obamacare is in a "death spiral' and more insurers will flee in 2018, Aetna CEO Mark Bertolini said Wednesday. More sick Americans are flocking to the Obamacare exchanges, which is pushing insurers' costs higher, Bertolini said at a Wall Street Journal forum. That, in turn, is forcing carriers to either abandon the market or raise their rates.