Post by Logan on Jun 1, 2016 0:59:15 GMT -6
UnitedHealth to stop selling Obamacare coverage in California
Health insurance giant UnitedHealth Group, which sat out California’s implementation of the Affordable Care Act until this year, will not sell health plans on the state’s insurance marketplace in 2017, state and company officials said Tuesday.
United’s move will have almost no effect on Covered California, as the insurer has only about 1,200 members this year, accounting for less than one tenth of 1% of the marketplace’s 1.4 million consumers.
United’s current customers will continue to have coverage through the end of this year. But they will have to select new coverage for 2017 during the open enrollment period this fall.
“We will learn in July whether any new plans will join Covered California or if any of our existing plans will expand their coverage areas, as they did in 2016,” said Covered California spokesman James Scullary.
Read more: www.latimes.com/nation/la-fi-unitedhealth-california-20160531-snap-story.html
Health insurance giant UnitedHealth Group, which sat out California’s implementation of the Affordable Care Act until this year, will not sell health plans on the state’s insurance marketplace in 2017, state and company officials said Tuesday.
United’s move will have almost no effect on Covered California, as the insurer has only about 1,200 members this year, accounting for less than one tenth of 1% of the marketplace’s 1.4 million consumers.
United’s current customers will continue to have coverage through the end of this year. But they will have to select new coverage for 2017 during the open enrollment period this fall.
“We will learn in July whether any new plans will join Covered California or if any of our existing plans will expand their coverage areas, as they did in 2016,” said Covered California spokesman James Scullary.
Read more: www.latimes.com/nation/la-fi-unitedhealth-california-20160531-snap-story.html