Largest U.S. Health Insurer Is Done With Obamacare: UnitedHealth To Exit Most State Exchanges

from Zero Hedge

As conclusion to our article yesterday reporting on the largest U.S. health insurer’s accelerating exodus from various Obamacare markets (it had already announced it was out of Georgie, Arkansas, Michigan and Oklahoma) we said that UnitedHealth “will likely announce more defections in the coming days.”

We didn’t have long to wait, and moments ago Bloomberg reported that in addition to the four states listed above, UnitedHealth has just announced it is departing the following “Affordable” Care Act state exchanges: Connecticut, North Carolina; Nebraska, Pennsylvania and Texas.

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