Pursuits
UnitedHealth to Exit Obamacare in 16 States to Stem Losses
- Texas, North Carolina, Connecticut, Pennsylvania affected
- Insurer expects about $650 million of Obamacare losses
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UnitedHealth Group Inc. will drop out of government-organized health insurance markets in at least 16 states as the U.S. industry leader tries to stem losses from participating in Obamacare, the healthcare overhaul that has brought coverage to millions of people.