United Health Care - Opting Out of Most Exchanges!

[kgmom219]

How many carriers offering U65 health insurance prior to 2010?

How many made money?

What has changed?

Oh yeah, Obamacare ............

I'll put you down as undecided on ACA for now......

 

[Yagents]

The list of states provided above is great. While I'm not looking for anyone to spin their wheels gathering data, it would be interesting to see enrollment per state as a proportion of total in each state. I'm guessing they really never hit scale in most of the states. As an example, in NH, the one company that is having a hard time and ceased enrolling in December has 9% of the total individuals enrolled in Marketplace plans. While United wants to spin this as evil Obamacare there is likely much to blame internally on poor pricing, marketing, etc.

Here's your morning caffeine, maybe you'll pick up on the bad spin:

While UnitedHealth pulls the plug on Obamacare, data shows where and why it failed - LA Times

 

[somarco]

Looks like they did reasonably well in the states where they sold 1 or fewer policies. Perhaps the other carriers can learn from that.

 

[Yagents]

In the table, It's quoted in "thousands". 1 = 1000

 

[Tkruger]

In the table, It's quoted in "thousands". 1 = 1000

(All numbers in 000s, except for enrollment numbers)

 

[Yagents]

Then I sold 100% of all UHC policies in AZ. No competition I guess

 

[Tkruger]

Then I sold 100% of all UHC policies in AZ. No competition I guess

Oddly I wonder if all they are counting are policies that completed the full 12 month term or if they are taking into consideration those policies that were in place for part of the year.

Reason I'm bringing this up is that we had 5 UHC policies written in AZ, none of which stayed on for the entire 12 months or were 11 or 10 month policies.

 

[Yagents]

I must be in a time warp. I didn't sell any UHC in 15' in AZ. They weren't a winner that year in AZ.

 

[somarco]

0 members, also reported as 0000 members, in VA that generated $10,000 in premiums

Oregon also had 0 members (AKA 0000 members) for $0,000 in premiums with $3,000 in losses.

 

[Tkruger]

0 members, also reported as 0000 members, in VA that generated $10,000 in premiums

Oregon also had 0 members (AKA 0000 members) for $0,000 in premiums with $3,000 in losses.

Oregon with the 3 noted was a +3,000 not a net negative. Now figure that out...