Obamacare Unraveling as GOP Set to Unveil Fix

The Affordable Care Act continued its inevitable collapse Wednesday when Anthem Blue Cross and Blue Shield announced it would be pulling out of most of the Wisconsin and Indiana marketplaces. The bad news for Obamacare followed on the heels of Anthem’s announcement in early June that it would be withdrawing from Ohio’s marketplaces. Roughly 46,000 Hoosiers purchased health care coverage from Anthem on the exchange, while approximately 14,000 Wisconsinites purchased Anthem’s coverage. “The Wisconsin individual market remains volatile, making planning and pricing for ACA-compliant health plans increasingly difficult due to a shrinking and deteriorating individual market, as well as continual changes and uncertainty in federal operations, rules and guidance, including cost-sharing reduction subsidies and the restoration of taxes on fully insured coverage,” Anthem said in a Wednesday statement. Regarding Indiana, Anthem spokesman Tony Felts said, “A stable insurance market is dependent on products that create value for consumers through the broad spreading of risk and a known set of conditions

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