Skip to main content

UnitedHealth Group goes after state health insurance exchanges

  • Author:
  • Updated:
    Original:

The nation's largest health insurer waited before getting involved in reform-driven state-based health insurance exchanges, but the wait is over and UnitedHealth Group is indicating that it now plans to get heavily involved in the exchanges.

The Pioneer Press reports that the Minnetonka-based company said it will participate in as many as 24 of the individual exchanges around the country in 2015, an increase from the four it was involved with this year. The state-based exchanges that began last fall to allow customers to purchase individual health insurance helped roughly 8 million Americans get insurance coverage for 2014.

MPR News noted that when the state-based exchanges debuted last fall under the Affordable Care Act, many insurers approached the exchanges cautiously, nervous about the health of the people who were signing up.

"This approach is consistent with our long stated plan to take a prudent first year position, and then build and expand in 2015 and 2016, as these markets become more established," CEO Stephen Hemsley told analysts on Thursday. "By participating moderately this year and then watching closely and listening, we have learned about pricing, networks, regulatory structure, distribution, and the consumer's mindset regarding public exchanges."

Technology glitches and crashes marred the debut of the public insurance exchanges; Minnesota's MNsure experienced a series of problems but fared better than some of the other exchanges. While the federal government improved the exchanges, insurers remain concerned about handling enrollment for next year when millions of customers will again be required to sign up for coverage.

Next Up

unsplash restaurant cashier register COVID face mask - crop

7 restaurant, bar groups sue Minneapolis over dining vaccine mandate

"Minneapolis bars and restaurants are being used as pawns..." the lawsuit said.

Screen Shot 2022-01-22 at 7.47.53 AM

Woman fatally shot in St. Paul's North End neighborhood

It's the fourth homicide so far this year in St. Paul.

Wild

Wild flip the script, dominate Blackhawks

Ryan Hartman scored twice to earn the first game of a back-to-back.

Hopkins Basketball

Hopkins suffers rare loss to No. 1 ranked Sidwell Friends

The Royals held their own in a battle of the nation's best.

argue-wertman booking photos

Charges: 2 teens responsible for violent carjacking spree across Twin Cities

They face a combined 31 felony counts, all tied to carjackings and related crimes.

rep nolan west mn house

MN rep. says he was 'assaulted' at activist group's public meeting

The Republican said a man grabbed his arms and yanked him from the room.

Screen Shot 2022-01-20 at 12.56.52 PM

What were the 'bizarre things' seen in Minnesota's sky?

The mysterious streaks were not UFOs and they weren't pieces of an asteroid.

icicles, freezing weather, cold weather

Booming noises in the night could be frost quakes

The loud sounds are most likely to happen during the middle of the night.

coronavirus, coronavirus test, covid-19

Free COVID testing site to open in St. Paul for 3 weeks

The federal testing site comes as demand for testing remains high.

Reyel Simmons photo 1 - complaint - crop

MN TikToker accused of faking federal agent life pleads guilty

He told his 10,000 followers he was a Homeland Security agent — authorities say it was a lie.

Wilf

Report: Vikings request second interview with 2 GM candidates

Ryan Poles of the Chiefs and Kwesi Adofo-Mensah of the Browns.

Related