UHC Announces Another Exit

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“United Healthcare, the largest insurance company in the U.S., struck perhaps its largest symbolic blow yet to the Patient Protection and Affordable Care Act (PPACA). It has announced it will withdraw from California’s insurance exchange.

The company has already said it plans to stop offering plans on a number of state exchanges starting next year, but its abandonment of Obamacare business in the nation’s largest state is by far its largest surrender.”  Source: Benefits Pro.

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