News Headlines Article

California rejects UnitedHealth’s bid to sell Obamacare statewide
Los Angeles Times

California’s Obamacare exchange rejected a bid from the nation’s largest health insurer to start selling coverage statewide next year.

The Covered California board adopted new rules Thursday that sharply limit where industry giant UnitedHealth Group Inc. could offer policies to individuals.

Many consumer advocates backed the exchange’s decision. But California Insurance Commissioner Dave Jones panned it, saying Californians deserve more choice and competition statewide.