11/25/2015    

HEALTHCARE NEWS

UnitedHealth May Withdraw From ACA Exchanges in 2017

 

The nation’s largest health insurer, UnitedHealth Group, said Thursday that it is retreating from efforts to attract customers for the coming year in insurance exchanges created under the Affordable Care Act — and may withdraw from the marketplaces altogether in 2017.

 

UnitedHealth executives attributed the abrupt change of course to what they called “higher risks and more difficulties” in selling coverage through the exchanges in a way that is profitable. The company is the first major insurer to say it might leave the exchanges, raising questions about the stability of the marketplaces that now provide a path to insurance for 10 million Americans.

 

Source: Amy Goldstein and Carolyn Y. Johnson, Washington Post [11/19/15]