News Headlines Article

UnitedHealth Group says it is scaling back efforts in ACA exchanges
Washington Post

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.