United Healthcare cronyists abandon Zerocare

Posted by $ jbrenner 4 years, 1 month ago to Economics
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It is fitting that United Healthcare should lose money on its Health Unification Act (i.e. Zerocare).

UnitedHealth had previously said that it lost $475 million on the ACA exchanges last year and could lose another $500 million this year.

Obamacare patients sicker and pricier than expected

UnitedHealth's president and chief financial officer David Wichmann added that the company served 795,000 people on public exchanges as of the end of the first quarter. It expects to have only 650,000 public exchange members by December.
SOURCE URL: http://money.cnn.com/2016/04/19/investing/unitedhealthcare-obamacare-exchanges-aca/

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