Stephen J. Hemsley

Nation's largest health insurer to quit some Obamacare markets

Nation's largest health insurer to quit some Obamacare markets

UnitedHealth Group, the nation’s largest health insurer, announced Tuesday that it would stop selling health plans through the Affordable Care Act next year in most of the 34 of states where it operates.

The move, widely expected for months, will likely have relatively little effect on what most consumers pay for health coverage, as other insurers have out-competed UnitedHealth in the marketplaces created by the 2010 health law.

Nor will the decision seriously threaten UnitedHealth, as the marketplaces are a small fraction of the insurance giant’s overall business, which includes providing coverage to millions of people who get health benefits through an...

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