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California Exchange Chief Rips UnitedHealth For Obamacare Excuses
National Public Radio

Amid growing questions over the future of Obamacare exchanges, the head of California’s marketplace said the nation’s largest private health insurer should take responsibility for nearly $1 billion in losses and stop blaming the federal health law.

In a blistering critique, Covered California’s executive director, Peter Lee, said UnitedHealth Group Inc. made a series of blunders on rates and networks that led to a $475 million loss in 2015 on individual policies across the country. The company estimates a similar exchange-related loss of $500 million in 2016.

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