UnitedHealth Group says it is scaling back efforts in ACA exchanges

November 19, 2015 11:12 PM

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UnitedHealth Group says it is scaling back efforts in ACA exchanges

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. The company is the first major insurer to say it might leave the exchanges, raising questions about the stabi...

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