Tuesday, May 31, 2016

Breaking UHC News

From UHC via email:

"Next year UnitedHealthcare will offer individual plans through the Exchange in a limited number of states. This change in market footprint reflects our longstanding goal to offer products that are both affordable for consumers and financially sustainable for our company."

Which is surprising enough (given the on-Exchange losses), but then there's also this:

"After a detailed review ... we have determined that we will not offer individual Off-Exchange plans in 2017 except in the state of Utah. These changes reflect our longstanding goal to offer consumers products that are both affordable and financially sustainable."

Frankly, this surprises me: I would have thought that it would be the other way around.

Regardless, here's the money quote:

"If you have clients with 2016 Off-Exchange comprehensive medical plans, they will remain covered until Dec. 31, 2016."

How's that go again?

Oh, yeah.

[Hat Tip: Cornerstone]
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