Insurers may prove choosy with overhaul exchanges

January 17, 2013 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 .

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

shares

Related Stories

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

October 8, 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 ...

US health insurer WellPoint buys Amerigroup

July 9, 2012
US health insurer WellPoint is buying Amerigroup, a manager of publicly funded health programs, for about $4.9 billion, the companies said Monday.

Time for states to decide on health care exchanges

December 14, 2012
(AP)—Friday is decision day for states to notify Washington if they will run their own insurance markets under President Barack Obama's health care overhaul.

Feds propose fee on health insurers in new market

November 30, 2012
(AP)—Health insurance companies will have to pay to play in new health insurance markets coming under President Barack Obama's health care law.

Recommended for you

Dog walking could be key to ensuring activity in later life

July 24, 2017
A new study has shown that regularly walking a dog boosts levels of physical activity in older people, especially during the winter.

Study finds 275,000 calls to poison control centers for dietary supplement exposures from 2000 through 2012

July 24, 2017
U.S. Poison Control Centers receive a call every 24 minutes, on average, regarding dietary supplement exposures, according to a new study from the Center for Injury Research and Policy and the Central Ohio Poison Center, ...

Alcohol to claim 63,000 lives over next five years, experts warn

July 24, 2017
Alcohol consumption will cause 63,000 deaths in England over the next five years – the equivalent of 35 deaths a day – according to a new report from the University of Sheffield Alcohol Research Group.

App lets patients work alone or with others to prevent, monitor, and reverse chronic disease

July 24, 2017
Lack of patient adherence to treatment plans is a lingering, costly problem in the United States. But MIT Media Lab spinout Twine Health is proving that regular interventions from a patient's community of supporters can greatly ...

Alcohol boosts recall of earlier learning

July 24, 2017
Drinking alcohol improves memory for information learned before the drinking episode began, new research suggests.

To combat teen smoking, health experts recommend R ratings for movies that depict tobacco use

July 21, 2017
Public health experts have an unusual suggestion for reducing teen smoking: Give just about any movie that depicts tobacco use an automatic R rating.

0 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.