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UnitedHealth Group made good on its threat to pull out of ObamaCare markets. The nation's largest health insurance company will pull out of the Arkansas and Georgia ObamaCare markets in 2017. The insurer has not publicly stated why it is leaving the exchanges, but past statements offer some insight into the decision. In short, unbalanced risk pools -- those with older and sicker consumers and a high utilization of coverage -- have led to losses.
Following the news the UnitedHealth Group, the largest insurance company in the United States, is scaling back its ObamaCare marketing and considering withdrawing from the exchanges, FreedomWorks CEO Adam Brandon commented: