Quote: Cincinnatus wrote in post #1

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Zitat

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Health insurer Humana is withdrawing completely from the Obamacare marketplaces in 2018, citing steep financial losses from patients in the individual market.

The company announced the move Tuesday afternoon, becoming the first major insurer to announce its strategy for next year.

Humana covers just a small sliver of Obamacare enrollees — about 150,000 — but its exit bodes poorly for the marketplaces next year as insurers consider whether they can be profitable there. Insurers are also uncertain about what the marketplaces might look like next year, as congressional Republicans seek to repeal and replace the law but haven't decided exactly how to handle it.

Like a number of other insurers, Humana had already dramatically scaled back its participation in the marketplaces set up under the Affordable Care Act. It is selling plans in just 11 states this year, compared with 19 states in 2016.

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http://www.washingtonexaminer.com/obamac...article/2614818

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If we are fortunate this will the beginning of a trend and ObamaCare will shrivel up and die. The -R's don't seem to be in any hurry to kill ObamaCare

Quote: Cincinnatus wrote in post #3

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The -R's don't seem to be in any hurry to kill ObamaCare

Quite true, Algernonpj, and quite discouraging. Just business as usual with the Congressional Republicans, I fear.

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More on ObamaCare from Aetna


Aetna CEO: Obamacare in 'Death Spiral'
Zachary Tracer and Katherine Greifeld
February 15, 2017, 11:24 AM EST

Aetna Inc. Chief Executive Officer Mark Bertolini escalated his criticism of the Affordable Care Act, saying Obamacare’s markets are nearing failure as premiums climb and healthier individuals drop out.

“It is in a death spiral,” Bertolini said in a video interview with the Wall Street Journal that aired Wednesday on the newspaper’s website. He predicted that more insurers will drop out of the market for 2018, following Humana Inc.’s decision to quit Obamacare entirely for next year.

Aetna, too, is mulling whether to further reduce its presence in the markets set up by the ACA. The company cut its footprint to four states for this year, from 15, after losing about $450 million on sales of ACA plans last year.

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https://www.bloomberg.com/news/articles/...-sick-customers