"UNITEDHEALTH TO TRIM ACA EXCHANGES TO 'HANDFUL' OF STATES"
Another Major Medical Group is Pulling out of Obamacare. UnitedHealth is that group.
Soon the only plans left in Obamacare/ACA plans will be limited HMO plans and the costs will still be extremely high except for those that qualify for subsided plans.
According to an Article by Tom Murphy a Business Writer for the Associated Press, Tuesday, April 19th, UnitedHealthcare is losing more money in Obamacare plans due to higher risks than projected. They anticipate losing $650 million this year alone from Obamacare plans, and as a result they are removing their coverage from these plans in many states.
Article:
http://hosted.ap.org/dynamic/stories/U/US_UNITEDHEALTH_ACA_EXCHANGES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-04-19-09-14-34
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