UnitedHealth Group to exit Obamacare exchanges in all but a ‘handful’ of states

[jmyrlefuller]

https://www.washingtonpost.com/news/wonk/wp/2016/04/19/unitedhealth-group-to-exit-obamacare-exchanges-in-all-but-a-handful-of-states/?postshare=4641461201974000&tid=ss_fb

April 19, 2016

UnitedHealth Group, the nation's largest health insurer, said Tuesday that in 2017 it will exit most of the 34 states where it offers plans on the Affordable Care Act insurance exchanges.

UnitedHealth plans to withdraw from health insurance marketplaces in Arkansas, Michigan, Connecticut and parts of Georgia. The decision is a sequel to an announcement by executives late last year that the insurer had suffered financial losses and might leave the health exchanges altogether in 2017. UnitedHealth reported that it expects to lose $650 million in the exchanges in 2016.

(I)f United were to drop out of all the states, 1.1 million people in the exchanges would have just one option for an insurer, provided no other insurers rushed in to fill the gap.

(excerpt)

[Bill Cipher]

All part of the DNC/liberal scheme to force single payer nationalized health care on the country.