Next Big Futures article Aetna has said that it has lost more than $1 billion in the first three months of this year.
And that figure includes a $400 million payment from Anthem and another $400,000 payment from Humana.
Both companies have struggled to attract customers, as many of them have had to cancel their plans in recent months.
The losses, and the uncertainty that they pose to consumers, have pushed many to consider what could be done to prevent further losses.
The Federal Trade Commission is working with the companies to create a task force to help them understand the scope of the problem, and to provide guidance to insurers on how they can mitigate the problem.
In its guidance, the commission said that the problem has been exacerbated by the emergence of the so-called “Cadillac tax” that is imposed on health plans, which is scheduled to kick in on January 1.
That tax is meant to help make up for the cost of providing health insurance.
If a health plan loses $10 billion in revenue in a year, the penalty increases to $50,000, or $2,000 for each dollar it loses.
In 2019, the maximum penalty would be $200,000.
The problem is that insurers can’t be certain that the additional penalties will be paid, and may not know which of their policies will be hit by the increase.
That is why it’s critical for the companies that have been hit with the additional fines to be able to determine which policies they will not be impacted by.
This week, Anthem and Humana announced a joint agreement that will increase the size of the combined health insurer by $200 million and add additional financial penalties, which will add more uncertainty to the market.
While it is possible to foresee how much additional money will be required from the companies, it is not possible to predict exactly how much will be needed.
The commission said it will be up to the companies when they start paying the additional financial fines, but it will likely be less than the $200-million they are already expecting.
For Aetavale, the increased financial penalties are also a step in the right direction.
In a statement, the company said that, in the past, it has been unable to fully adjust to the tax changes, which have led to some insurers deciding to exit the market entirely.
However, Aetax and other insurers that remain in the market could face a significant cost in losing money as they attempt to make up the lost revenue.
It’s possible that the health insurers that do not make a profit could end up in bankruptcy.
And while it may not be the case that the new tax will be enough to save Aetah, the added revenue could help the company find ways to improve its network and ensure that its policies remain affordable.