Northwell Health Drops Out of Obamacare Exchanges Due to Bankrupting Costs

Northwell Health, a health insurer in New York, has announced it is dropping out of the Obamacare exchanges due to bankrupting costs.

Source: Northwell Health Drops Out of Obamacare Exchanges Due to Bankrupting Costs

“It has become increasingly clear that continuing the CareConnect health plan is financially unsustainable, given the failure of the federal government and Congress to correct regulatory flaws that have destabilized insurance markets and their refusal to honor promises of additional funding,”

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