Monday, July 25, 2016

The latest nail in ObamaCare’s coffin

Count it as another nail in ObamaCare’s coffin: Humana, one of the country’s top insurers, announced Thursday that it’s pulling out of ObamaCare exchange plans in all but a few states next year.

It will offer policies in “no more” than 11 state marketplaces, down from 19. The numbers don’t add up: Humana took nearly $1 billion in losses from the coverage this year.

This follows the exit from the exchanges of such other giants as Cigna and UnitedHealth Group, also after outsized losses.


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