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 More Obamacare Fallout Is Taking Place (1)

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More Obamacare Fallout Is Taking Place

Humana may exit some individual exchange states in an effort to stop losses tied to the new Affordable Care Act policies, the insurer said Wednesday. Humana also continues to reel after losing a large Medicare Advantage employer account. Those factors and others forced the first-quarter profit at the Louisville, Ky.-based insurer to fall 46% to $234 millionHumana did not lay out exact plans for its Affordable Care Act products other than saying it likely will raise Affordable Care Act premiums heavily and ditch some on- and off-exchange policies in “certain statewide” markets.

What has gone wrong with the Progressive Leftist Dream of Affordable Healthcare ? 
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It was a bad bill supposedly backed by good intentions, but Marco Rubio's bill to block the govt's subsidy for insurance companies forced the insurers to foot the entire cost. Since there are massive losses, many participants are exiting the program.