Humana announces it will pull out of Obamacare

Many Democratic politicians are working to keep the federal health care law on the books, but it is believed that the state marketplace system will be replaced.
By Alex Bourque | Feb 14, 2017
Humanacare announced that it will pull out of Obamacare in 2018.

The announcement came on Tuesday. Many political pundits believe that it may be a result of the United States Senate and House of Representatives likely repealing the Affordable Care Act (also known as Obamacare). Many Democratic politicians are working to keep the federal health care law on the books, but it is believed that the state marketplace system will be replaced. Humana became the first major health insurer to announce that it will no longer sell individual plans in state public exchanges.

"Obamacare continues to fail. Humana to pull out in 2018. Will repeal, replace & save healthcare for ALL Americans," tweeted U.S. President Donald Trump on Tuesday.


President Trump was not the only political personality to point to the withdrawal of Humana as evidence of failure for the Affordable Care Act. Sabrina Corlette, a research professor from Georgetown University, believes that the move from Humana, which will likely precipitate similar decisions from other insurers, may be a product of the political uncertainty surrounding the Affordable Care Act.


"These insurance companies are having to make business decisions in an environment of great uncertainty. They're not required to participate in these markets," explained Corlette.


"They've been pulling out of the market for a couple of years," explained policy analyst for the Kaiser Family Foundation, Gary Claxton. "I don't really think this was their future."


Claxton reported that Kaiser was unsure how much the uncertainty may have played in the Humana decision.

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