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CVS Health has struck a deal to buy Aetna, the insurance giant. The combined companies would have more clout with drugmakers and would aim to bring more health care to consumers in retail clinics. Gene J. Puskar/AP hide caption

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Gene J. Puskar/AP

A photo provided by the AIDS Law Project of Pennsylvania shows an Aetna mailer in which a reference to HIV medication is partly visible though the envelope window. AIDS Law Project of Pennsylvania hide caption

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AIDS Law Project of Pennsylvania

Aetna announced it has called off a proposed deal to buy its rival Humana after a court blocked the merger on the grounds it would hurt competition in the health insurance market. Jessica Hill/AP hide caption

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Jessica Hill/AP

Mark Bertolini, CEO of Aetna, told the Justice Department in July that the insurer would walk away from many health exchanges if the government opposed the company's proposed deal for Humana. On Tuesday, Aetna followed through. Andrew Harrer/Bloomberg via Getty Images hide caption

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Andrew Harrer/Bloomberg via Getty Images

Aetna is the latest big health insurer to retreat from the exchanges established under the Affordable Care Act. Jessica Hill/AP hide caption

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Jessica Hill/AP

Aetna Joins Other Major Insurers In Pulling Back From Obamacare

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People with diabetes who sign up for an Aetna insurance plan focused on diabetes care can get blood sugar meters and test strips free of charge. iStockphoto hide caption

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iStockphoto

Aetna announced one of its largest pay hikes recently. CEO Mark Bertolini says he believes it largely could pay for itself by making workers more productive. Courtesy of Aetna hide caption

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Courtesy of Aetna

Health Insurer Aetna Raises Wages For Lowest-Paid Workers To $16 An Hour

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