Citing Obamacare, Largest NJ Insurer Withdraws

NEWARK, N.J. (AP) -

New Jersey’s largest health insurance company says it will not renew any small-group or individual health plans next year in a nod to Obamacare’s requirements. Horizon Blue Cross Blue Shield said Tuesday it would not be possible to create new plans quickly that comply with the act but it will help customers find new plans. Other insurers have not announced their plans yet.