UnitedHealth is abandoning health insurance exchanges throughout the US

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UnitedHealth sees major losses through participation in insurance exchanges UnitedHealth, the largest health insurance provider in the United States, has been suffering major losses by participating in insurance exchanges. These losses are also due to the provisions of the Affordable Care Act, which has pushed the insurer from exiting from exchanges entirely. Last month, the insurer has sounded somewhat optimistic concerning its performance in the exchanges, but now sees these marketplaces as a detriment to its business. Insurers are beginning to express doubts that exchanges are viable In the early…

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