1. UnitedHealth Group Mulls Losses, Blames Obamacare, But CEO Stephen Hemsley Took Home $66M In 2014

    UnitedHealth Group Mulls Losses, Blames Obamacare, But CEO Stephen Hemsley Took Home $66M In 2014

    When UnitedHealth Group, the company that owns major insurer UnitedHealthcare, said Thursday it was considering pulling out of Affordable Care Act exchanges in 2017, it cited "a continuing deterioration in individual exchange-compliant product performance" and a loss of $425 million from plans it had sold through those health insurance marketplaces. “We cannot sustain these losses,” CEO Stephen ...

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    1. The company is evaluating the viability of the insurance exchange product segment and will determine during the first half of 2016 to what extent it can continue to serve the public exchange markets in 2017.
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