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Nov. 20th, 2015 06:07 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
birdwatcherBoston Globe -- While millions of Americans have gained coverage under the law since new government-run marketplaces for the plans opened in late 2013, in UnitedHealth’s case they haven’t been the most profitable. Customers the company has added have tended to use more medical care.
UnitedHealth also said that some people are signing up for coverage, getting care, and then dropping their policies.
“We cannot sustain these losses,” chief executive Stephen Hemsley told analysts on a conference call. “We can’t really subsidize a marketplace that doesn’t appear at the moment to be sustaining itself.”
UnitedHealth also said that some people are signing up for coverage, getting care, and then dropping their policies.
“We cannot sustain these losses,” chief executive Stephen Hemsley told analysts on a conference call. “We can’t really subsidize a marketplace that doesn’t appear at the moment to be sustaining itself.”