Said it may stop offering coverage to individuals on the public exchanges as losses from those plans mount. The company also cut its earnings forecast for the year, which sent shares 5 lower, making it the worstperforming dow stock in todays session. But todays announcement comes in sharp contrast to more optimistic projections made about its Exchange Business just last month. So Bertha Coombs takes a look at the reasons behind United Healths announcement and what it could mean for the insurance exchanges. Reporter this is United Healthcares first year offering plans on the public aca exchanges thats seen costs and losses mount. The insurance giant says it will still offer plans for 2016 but may get out of the Exchange Business altogether after that. The Overall Exchange Market Profile is more negative than we had planned. With new market enrollment growth that will be more slowly. These indicators point to an environment that is declining and likely to continue in that direction into
Said it may stop offering coverage to individuals on the public exchanges as losses from those plans mount. The company also cut its earnings forecast for the year, which sent shares 5 lower, making it the worstperforming dow stock in todays session. But todays announcement comes in sharp contrast to more optimistic projections made about its Exchange Business just last month. So Bertha Coombs takes a look at the reasons behind United Healths announcement and what it could mean for the insurance exchanges. Reporter this is United Healthcares first year offering plans on the public aca exchanges thats seen costs and losses mount. The insurance giant says it will still offer plans for 2016 but may get out of the Exchange Business altogether after that. The Overall Exchange Market Profile is more negative than we had planned. With new market enrollment growth that will be more slowly. These indicators point to an environment that is declining and likely to continue in that direction into
Said it may stop offering coverage to individuals on the public exchanges as losses from those plans mount. The company also cut its earnings forecast for the year, which sent shares 5 lower, making it the worstperforming dow stock in todays session. But todays announcement comes in sharp contrast to more optimistic projections made about its Exchange Business just last month. So Bertha Coombs takes a look at the reasons behind United Healths announcement and what it could mean for the insurance exchanges. Reporter this is United Healthcares first year offering plans on the public aca exchanges thats seen costs and losses mount. The insurance giant says it will still offer plans for 2016 but may get out of the Exchange Business altogether after that. The Overall Exchange Market Profile is more negative than we had planned. With new market enrollment growth that will be more slowly. These indicators point to an environment that is declining and likely to continue in that direction into