Healthcare

Indiana loses Obamacare insurer

By Paige Winfield Cunningham
Published September 27, 2016 3:42pm ET
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Indiana loses Obamacare insurer
"Because of the broken Obamacare system, Hoosiers continue to face rising premiums and limited choices rather than reliable, affordable healthcare," Dan Coats said. (AP Photo) | J. Scott Applewhite

About 27,000 Hoosiers will lose their Obamacare plans next year, after Indiana University Health Plans announced it is withdrawing from the Indiana marketplace.

IU Health Plans joins three other insurers, including United Healthcare, that are dropping out of the marketplace, citing big losses from the new enrollees. It had covered 15 percent of marketplace enrollees last year.

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Affordable Care Act Indiana Insurance Industry Minusextra Paige Winfield Cunningham