News Headlines Article

While UnitedHealth pulls the plug on Obamacare, data shows where and why it failed
Los Angeles Times

UnitedHealth Group, the nation’s largest commercial health insurer, made good on a six-month-old threat and announced Tuesday that it will pull out of Affordable Care Act exchanges in all but “a handful of states” after this year. The questions that raises, as we observed a couple of weeks ago, are will that hurt, and if so, who does it hurt?

United had previously announced its withdrawal from Arkansas, Michigan, and Georgia (although a subsidiary, Harken, will continue to serve some Georgia counties). Other early reports said the company would leave Oklahoma and Louisiana.  United has filed a rate request for 2017 in Virginia, albeit for HMOs only, so it appears to be staying in that state at least for one more year.