UnitedHealth Quits More Obamacare Markets, Exiting Kentucky
- Insurer will also leave Iowa, insurance regulator says
- UnitedHealth to remain in New York, Nevada, Virginia exchanges
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UnitedHealth Group Inc. will pull out of Kentucky’s individual marketplace for Obamacare plans, bringing to 26 the number of states the health insurer is quitting next year.
The company plans to halt sales of individual plans in Kentucky for 2017, both inside and outside the state’s Affordable Care Act exchange, as well as the small-business exchange, UnitedHealth said in a letter to the state’s insurance department. The letter was obtained by Bloomberg through an open records request.