Fox News: Nation’s Largest Insurer May Leave ObamaCare

‘Participating in the health care law is costing the nation’s largest health insurance company too much money’

EDSON: "Participating in the health care law is costing the nation’s largest health insurance company too much money. This is United Health Care. It said in a statement today, that it may drop ObamaCare in 2017 as it’s lowering the earnings expectations for this quarter by more than $400 million. In a statement, the company’s CEO says in recent weeks growth expectations for individual exchange participation have tempered industry wide. Cooperatives have failed and market data has signaled higher risks and more difficulties while our own claims experience has deteriorated. So we are taking this proactive step. ObamaCare critics says this with rising premiums, fewer health provider choices is another sign of the unsustainability of the health care law."

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