Humana Announces Major Pullback From ACA; Other Insurers Report Losses

(August 15, 2016, 12:30 PM EDT) -- LOUISVILLE, Ky. — Insurer Humana Inc. will pull out of approximately 90 percent of the U.S. counties where it currently offers Patient Protection and Affordable Care Act (ACA) insurance plans, the company announced Aug. 3.

Humana will cease offering on-exchange plans in four of the 15 states where it currently offers such plans and stop offering ACA-compliant off-exchange health insurance plans almost entirely, the company said. Humana is limiting membership in the four states where it will not offer plans in 2017.


Humana will now...
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