Cigna Tops Estimates, Will Exit Obamacare Market After 2026

Cigna Group will stop offering health plans in the Affordable Care Act marketplaces at the end of this year, executives said, an exit that could pose a fresh challenge for the Obamacare customers who have seen premiums rise sharply.

The decision makes Cigna the second large health insurer to leave the market in as many years, after CVS Health Corp.’s Aetna unit withdrew.