Are you ready to see your healthcare premiums increase 40-60%? According to a new report the Obamacare meltdown is underway and this is only a matter of time! As another major health insurance company exits the vast majority of Obamacare exchanges and many U.S. states are forecasting massive premium increases later this year, a leading health care expert says the Obamacare death spiral is already beginning.
Late Monday, Aetna announced it was pulling out of Obamacare exchanges in all but four U.S. states as a result of large financial losses. The company reported $200 million in pre-tax losses in the second quarter of 2016 alone. “As a strong supporter of public exchanges as a means to meet the needs of the uninsured, we regret having to make this decision,” said Aetna CEO Mark Bertolini in a written statement. CONTINUE