by Girish Anand | Aug 16, 2016 | ACA, Affordable Care Act, Health Care Reform, Obamacare
Aetna Inc., citing losses of at least $300 million this year on Affordable Care Act (ACA) health insurance policies, announced it is abandoning the Obamacare marketplaces in 11 of the 15 states it currently serves, leaving Pinal County in Arizona with no insurer...
by Girish Anand | Jun 1, 2016 | ACA, Obamacare
With the announcement by Covered California that UnitedHealth Group Inc. would be exiting its Obamacare exchange in 2017, the role of the nation’s largest health insurer in the Affordable Care Act (ACA) has now been reduced to six states. UnitedHealth on Tuesday...
by Girish Anand | May 26, 2016 | ACA, Affordable Care Act, Obamacare
Stung by the reality of more older-sicker than younger-healthier customers signing up for their policies, Obamacare health insurers are seeking some whopping premium increases for 2017. From what’s publicly available, for example, Humana in Georgia is seeking a...
by Girish Anand | May 16, 2016 | Affordable Care Act, Obamacare
According to the Kaiser Family Foundation, 400 more U.S. counties will see their health insurance options whittled down to just one provider in 2017. In 2016, insurers pulled out of 225 counties, and next year the total is expected to rise to as many as 650. In those...
by Girish Anand | May 12, 2016 | Affordable Care Act, Obamacare
A federal judge has sided with House of Representative Republicans in a lawsuit challenging the constitutionality of unappropriated funds totaling some $175 billion being transferred over 10 years to insurers under the Affordable Care Act (ACA). U.S. District Judge...
by Girish Anand | Apr 20, 2016 | ACA, Affordable Care Act, HHS, Obamacare, PPACA
UnitedHealth Group Inc., the nation’s largest health insurance firm, has announced it plans to withdraw from all but “a handful” of Obamacare states in 2017 as it faces losses from the program rising to $650 million this year. UnitedHealth currently...