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Sunday, November 08, 2015

Humana Will Yank Obamacare Plans Serving 100,000 Patients

http://www.forbes.com/sites/brucejapsen/2015/11/06/humana-will-yank-obamacare-plans-serving-100000-patients-in-2016/


Humana HUM -1.13% (HUM) said it will discontinue several products offered on government-run exchanges under the Affordable Care Act, impacting about 100,000 individuals currently covered by the insurer’s plans across the country.
The move, disclosed this morning in the company’s third-quarter earnings report, comes due to higher-than expected medical costs from sick newly insured patients covered under the health law.

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