To quote Larry Kudlow: Free market capitalism is the best path to prosperity! Matters of business and free enterprise are discussed on this blog. Included are company press releases, 3rd party news articles and videos, articles and videos pertaining to small business, and white collar crime.
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Sunday, October 23, 2016
Obamacare Choices Drastically Declining in 2017 -- How Does It Affect You?
Since the rollout of state and federal “Obamacare” exchanges three years ago, health plan choices have dwindled in many areas. The Affordable Care Act marketplace was intended to provide a variety of options for those buying individual health plans. But in many states, choices for 2017 coverage will be drastically reduced.
Aetna recently announced plans to pull out of 11 of 15 states’ health insurance exchanges for 2017. UnitedHealthcare, Humana and others have already made similar exits, leaving just one or two insurers to choose from in many areas. Sixteen of 23 health insurance co-ops, which are nonprofit health plans meant to be an alternative to commercial insurers, have failed.