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United Healthcare Withdrawing from Obamacare in TX and LA

JumpinJack

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United Healthcare with withdraw in full from the individual ACA market in TX and Louisiana end of 2016.
UPDATED: UnitedHealthcare lowers the boom: Pulling out of exchanges in most states, as expected | ACASignups.net

Besides Texas and Louisiana, it's also withdrawing from:
Georgia
Arkansas
Michigan
Oklahoma
Connecticut
Missouri
Nebraska
N. Carolina
Pennsylvania
Tennessee
Washington

It will stay in Virginia and Nevada for the time being.

It will also withdraw from some small business markets.

The company expects to lose about $650 million on the plans this year.


The implosion is underway. Millions underinsured or paying for insurance they find they can't use. Now, there will be people who will have to pay a penalty because there is no acceptable insurance to buy. The govt is going after short term policies, to shut them down, so people don't have an alternative (a way out of the nightmare) in order to get at least some minimal coverage that providers will accept.

What a nightmare.
 
United Healthcare with withdraw in full from the individual ACA market in TX and Louisiana end of 2016.
UPDATED: UnitedHealthcare lowers the boom: Pulling out of exchanges in most states, as expected | ACASignups.net

Besides Texas and Louisiana, it's also withdrawing from:
Georgia
Arkansas
Michigan
Oklahoma
Connecticut
Missouri
Nebraska
N. Carolina
Pennsylvania
Tennessee
Washington

It will stay in Virginia and Nevada for the time being.

It will also withdraw from some small business markets.

The company expects to lose about $650 million on the plans this year.


The implosion is underway. Millions underinsured or paying for insurance they find they can't use. Now, there will be people who will have to pay a penalty because there is no acceptable insurance to buy. The govt is going after short term policies, to shut them down, so people don't have an alternative (a way out of the nightmare) in order to get at least some minimal coverage that providers will accept.

What a nightmare.
This is great news. UHC never should have entered the ACA market in the first place.
 
This is great news. UHC never should have entered the ACA market in the first place.

This leaves millions of people without a choice of plans. In some cities in TX, only Blue Cross and United Healthcare sell ACA individual plans. W/O UNH, that leaves only Blue Cross HMOs, which most providers don't accept.

For the plans that are left in those cities, and in large cities, prices are going to increase substantially, esp. in light of less competition. I've read increases are expected to be in the neighborhood of 25% in some states.

Remember that one of the selling points of the ACA was INCREASED competition? It has had the opposite effect.

What individual ACA policy do you buy?
 
This leaves millions of people without a choice of plans. In some cities in TX, only Blue Cross and United Healthcare sell ACA individual plans. W/O UNH, that leaves only Blue Cross HMOs, which most providers don't accept.

For the plans that are left in those cities, and in large cities, prices are going to increase substantially, esp. in light of less competition. I've read increases are expected to be in the neighborhood of 25% in some states.

Remember that one of the selling points of the ACA was INCREASED competition? It has had the opposite effect.

What individual ACA policy do you buy?

Hey, this isn't about healthcare or health insurance, this is about political power.
 
This leaves millions of people without a choice of plans. In some cities in TX, only Blue Cross and United Healthcare sell ACA individual plans. W/O UNH, that leaves only Blue Cross HMOs, which most providers don't accept.

For the plans that are left in those cities, and in large cities, prices are going to increase substantially, esp. in light of less competition. I've read increases are expected to be in the neighborhood of 25% in some states.

Remember that one of the selling points of the ACA was INCREASED competition? It has had the opposite effect.

What individual ACA policy do you buy?

When the competitors increase from 0-->1, then that's increased competition.
 
United Healthcare with withdraw in full from the individual ACA market in TX and Louisiana end of 2016.
UPDATED: UnitedHealthcare lowers the boom: Pulling out of exchanges in most states, as expected | ACASignups.net

Besides Texas and Louisiana, it's also withdrawing from:
Georgia
Arkansas
Michigan
Oklahoma
Connecticut
Missouri
Nebraska
N. Carolina
Pennsylvania
Tennessee
Washington

It will stay in Virginia and Nevada for the time being.

It will also withdraw from some small business markets.

The company expects to lose about $650 million on the plans this year.


The implosion is underway. Millions underinsured or paying for insurance they find they can't use. Now, there will be people who will have to pay a penalty because there is no acceptable insurance to buy. The govt is going after short term policies, to shut them down, so people don't have an alternative (a way out of the nightmare) in order to get at least some minimal coverage that providers will accept.

What a nightmare.

Premiums are skyrocketing and Americans were lied to by Obama and Hillary .
 
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