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Today’s announcement shows that insurers continue to flee Obamacare at an alarming rate. With only half the number of issuers wanting to sell Americans plans on Obamacare’s exchanges today than just two years ago, it is now more clear than ever that Obamacare’s collapse is accelerating and that the American people need real reform.

With costs out of control and choices continuing to dwindle, now is the time for Congress to act.