Humana Chief Says Obamacare Markets Are ‘Just Not A Business That We Will Be Good At’
CEO Bruce Broussard tells Reuters that the insurer will not be going back into the individual market, no matter what changes Congress makes to the Affordable Care Act.
Reuters:
Humana Out Of Individual Market, With Or Without Obamacare Repeal
Humana Inc will not return to the individual insurance market after it exits the Obamacare exchanges this year, a market that Republicans are trying to repeal and replace through new legislation, Humana's top executive said on Thursday. (Humer, 6/22)
Pioneer Press:
Uncertainty Abounds About Next Year’s Individual Health Insurance Market
At this time last year, Minnesota’s individual health insurance market was in a state of collapse. This year’s state? Uncertainty. The individual health insurance market covers around 170,000 Minnesotans who don’t get insurance through an employer or a government program. It’s been plagued by skyrocketing premiums and insurer turmoil in recent years, and was only barely saved from total collapse in 2016. (Montgomery, 6/22)
Health News Florida:
Florida Insurers Request 17.8% Rate Hike On Obamacare Exchanges
Six companies requested to sell health insurance in Florida through the Obamacare exchanges. The average rate increase requested by the companies is 17.8 percent. (Ochoa, 6/22)
