Insurers may prove choosy with overhaul exchanges

by Tom Murphy

UnitedHealth CEO Stephen Hemsley is warning analysts not to assume that the insurer will participate widely in a key health care overhaul coverage expansion that unfolds later this year.

State-based exchanges will debut this fall and allow people to sign up for coverage online, with some using income-based tax credits to help pay the bill. Hemsley says UnitedHealth may participate in as few as 10 exchanges when as many as 100 might be set up.

He says whether the insurer participates will depend on if the exchanges are fair and provide a reasonable financial return.

Analysts say it's too early to determine whether some exchanges will wind up thin on competition. Competition on exchanges is intended to keep prices in check.

UnitedHealth is the nation's largest .

not rated yet
add to favorites email to friend print save as pdf

Related Stories

UnitedHealth plans overseas growth with $4.9B deal (Update)

Oct 08, 2012

UnitedHealth Group Inc. will spend about $4.9 billion to buy a majority stake in Brazilian health benefits and care provider Amil Participacoes SA, as the largest U.S. health insurer leaps into an international market it ...

Insurers agree to limit health care cancelations

Apr 29, 2010

(AP) -- Several health insurers said Wednesday they plan an early start on a slice of health care reform by pledging to limit the circumstances in which they cancel coverage when a customer gets sick.

Recommended for you

The hunt for botanicals

1 hour ago

Herbal medicine can be a double-edged sword and should be more rigorously investigated for both its beneficial and harmful effects, say researchers writing in a special supplement of Science.

Infertility, surrogacy in India

2 hours ago

Infertility is a growing problem worldwide. A World Health Organization report estimates that 60-to-80 million couples worldwide currently suffer from infertility.

Tooth loss linked to slowing mind and body

15 hours ago

The memory and walking speeds of adults who have lost all of their teeth decline more rapidly than in those who still have some of their own teeth, finds new UCL research.

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.