UnitedHealth Now Pulling Out of Obamacare in Michigan

For the third time in less than a month, giant UnitedHealth Group is pulling out of an Affordable Care Act insurance market because of huge losses. Then late last week, UnitedHealth said it would also pull out of the Michigan health insurance market next year, to try to stem its losses. The Wall Street Journal, which first reported the latest move, said industry analysts were predicting that UnitedHealth would pull out of most, if not all, of the 34 states where it is currently participating in