Aetna Joins Industry by Bailing Out of Obamacare

The Aetna insurance company is terminating coverage for 73 percent of its Obamacare individual policies, facing huge financial losses and the need to hike health insurance premiums by 20 percent just one week before the November 8 elections.

Private health insurance (Stan Honda / AFP / Getty)

Covered California: 2016 Prices up 4%, $384 in NoCal and $296 in SoCal

Obamacare was sold to the American public as an opportunity to save $2,500 a year for a family of four. But each family member enrolled in Covered California for 2016 can look forward to paying another $384 in Northern California and $296 in Southern California.

Irfan Khan/Los Angeles Times via Getty Images