With providers fleeing and rates rising, the individual marketplace for ‘Obamacare’ policies is ‘a looming catastrophe of astronomical proportions’

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(File photo) With losses mounting, providers leaving the market and no legislative remedies on the horizon, health insurance companies—specifically, the state’s largest private provider, Blue Cross and Blue Shield of Louisiana—may have to rethink their participation in the Affordable Care Act federal exchange for individual policies. UnitedHealthcare plans to leave the ACA, or “Obamacare,” marketplace

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