Obamacare Impact: Another Insurer Leaves California Market

The Los Angeles Times reports this morning on another disturbing Obamacare-related development in California:

"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 [Obamacare]."

Due to UnitedHealth’s decision, thousands of individuals will be forced to find a new health insurance option. However, those options keep dwindling; as the article notes, today’s development comes just a few weeks after Aetna announced it was also pulling out of the California market, leaving nearly 50,000 California residents searching for new health coverage.