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The PJ Tatler

by
Bryan Preston

Bio

July 2, 2013 - 10:07 am

On June 18, Aetna announced that it would leave California’s individual health insurance market. Today, UnitedHealth joined them.

The nation’s largest health insurer, UnitedHealth Group Inc., is leaving California’s individual health insurance market, the second major company to exit in advance of major changes under the Affordable Care Act.

UnitedHealth said it had notified state regulators that it would leave the state’s individual market at year-end and force about 8,000 customers to find new coverage. Last month, Aetna Inc., the nation’s third-largest health insurer, made a similar move affecting about 50,000 existing policyholders.

Both companies will keep a major presence in California, focusing instead on large and small employers.

Together, Aetna and UH only represent about 7% of the individual health insurance market in California. But still, the fact that two very large insurers are leaving the nation’s largest, and among the most heavily regulated, markets is significant. Both cite the cost of doing business in California among the reasons for leaving. Their current customers will have to find an alternative by January 1 or face ObamaCare’s fines.

The Nirvana of ObamaCare promised lower rates, more access and we could all keep our doctors if we wanted. The reality is turning out to be less choice, higher prices and doctors leaving the medical profession in droves.

Some of us predicted that this would be the outcome.

Bryan Preston has been a leading conservative blogger and opinionator since founding his first blog in 2001. Bryan is a military veteran, worked for NASA, was a founding blogger and producer at Hot Air, was producer of the Laura Ingraham Show and, most recently before joining PJM, was Communications Director of the Republican Party of Texas.

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If you believe that the intent of Obamacare was to induce, coerce, and otherwise pave the way for nationalized healthcare financing for all people in the U.S. then here's a little indicator reminding us it's all going according to plan...
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