Friday 20 November 2015

UnitedHealth may leave Affordable Care Act over losses

WASHINGTON —The biggest US health insurer is considering pulling out of the Affordable Care Act as it loses hundreds of millions of dollars on the program, casting a pall over President Obama’s signature domestic policy achievement.

UnitedHealth Group has scaled back marketing efforts for plans sold to individuals this year and may quit the business entirely in 2017. It’s an abrupt shift from October, when the health insurer said it was planning to sell coverage through the Affordable Care Act in 11 more states next year, bringing its total to 34. For the full article click here 



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