Insurance Company leaves SC over Obamacare

U.S. Senator Lindsey Graham (R-South Carolina) made the following statement on news that Medical Mutual of Ohio, the parent of the Carolina Care health plan, will be pulling out of South Carolina by the end of the year.  Carolina Care is the second largest issuer of individual health insurance plans in South Carolina. According to the Columbia Regional Business Report, Medical Mutual’s decision to leave South Carolina, as well as Georgia and Indiana, was prompted by new rules that regulate patient protection under Obamacare. Graham said, “I hate to say I told you so, but I told you so.  Every day we see stories like this about Obamacare; rising prices, fewer choices, and more confusion for patients and providers.  We now have one less choice for health insurance in South Carolina.  In the days to follow, people will likely lose their choice of doctor as well.  Unfortunately, this is just the beginning of the disaster that will befall our country if Obamacare is fully implemented.”