UnitedHealth Quitting Obamacare Markets in Georgia, Arkansas
- Insurers finding it difficult to profit from exchanges
- UnitedHealth warned last year that it might exit states
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UnitedHealth Group Inc., the largest U.S. health insurer, has decided to call it quits in two state Obamacare markets, in the latest challenge to President Barack Obama’s health-care overhaul.
The insurer won’t sell plans for next year in Georgia and Arkansas, according to state insurance regulators. Tyler Mason, a UnitedHealth spokesman, confirmed the exits and declined to say whether the company would drop out of additional states.