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UnitedHealth to Exit Michigan Obamacare Exchange, State Says

2016-04-17 02:49:53| Beverages - Topix.net

UnitedHealth Group Inc. plans to exit a third state Obamacare market as the insurer works to stem losses from its struggling Affordable Care Act business. The insurer won't sell policies through Michigan's ACA exchange for next year, according to Andrea Miller, a spokeswoman for the state's Department of Insurance and Financial Services.

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Health Law Expert's Dire Obamacare Warning: 'Something Has to Give'

2016-04-16 09:56:19| Beverages - Topix.net

Many health insurance companies are issuing warnings at increasing rates about Obamacare's financial sustainability in the marketplace after several major companies dropped out of the plans this year. Some insurers say that their companies are losing money at alarming rates through the plans instituted under the Affordable Care Act, according to The Hill .

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UnitedHealth Quitting Obamacare Markets in Georgia, Arkansas

2016-04-08 23:52:17| Beverages - Topix.net

UnitedHealth Group Inc., the largest U.S. health insurer, has decided to call it quits in two state Obamacare markets, in the latest challenge to President Barack Obama's health-care overhaul. The insurer won't sell plans for next year in Georgia and Arkansas, according to state insurance regulators.

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This Factor Is Determining Whether or Not Insurers Are Profitable Under Obamacare

2016-02-21 01:48:31| Beverages - Topix.net

The third enrollment period for the Patient Protection and Affordable Care Act, which is more affably known as Obamacare, ended on Jan. 31, 2016, with the program generating a healthy tally. According to data released by the Centers for Medicare and Medicaid Services, approximately 12.7 million people chose to enroll in a health plan during the three-month period.

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Nearly 13 million have signed up for Obamacare

2016-02-08 19:47:28| Beverages - Topix.net

About 12.7 million Americans signed up for 2016 health insurance coverage through the government insurance exchanges, surpassing its expectations, U.S. Health and Human Services Secretary Sylvia Burwell said on Thursday. The government began offering subsidies for individual insurance in 2014 under the Affordable Care Act, often called Obamacare, and charges a penalty to Americans who do not have health insurance.

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