UnitedHealth warns it may exit Obamacare plans

November 20, 2015 1:50 AM

78 0

UnitedHealth warns it may exit Obamacare plans

The nation's largest health insurer warned Thursday that it may pull out of the Obamacare exchanges after 2016 – forcing more hundreds of millions of people to find other coverage – after low enrollment and high usage cost the company millions of dollars.

The possible move by UnitedHealth Group raises new questions about the viability of President Obama's signature health law and follows the departure of more than half of the non-profit insurance cooperatives this year. If UnitedHealth drops out, consumers would lose one of the lowest-cost plans avai...

Also read: Toys “R” Us Plans to Close Another 200 Stores

Read more

To category page