UnitedHealth CEO: Early Exchange Enrollees May Be Costliest

The nation's largest health insurance company, UnitedHealth Group, will sell plans in just 12 state health insurance exchanges, interpreted by some as a sign of lackluster support among large for-profit insurers for the expanded online marketplaces, according to a report by Bloomberg News.

UnitedHealth CEO Stephen Hemsley said at an investors meeting the company's strategy pivots on the risk that the first wave of new customers on the exchanges will be those who need it most — those with the most expensive care needs, according to the report.

The most prevalent plans on the exchanges across the country are local insurers and Blue Cross-affiliated plans, according to the report, although an HHS report claims 90 percent of exchange enrollees will have access to five or more health plan options.

More Articles on Health Insurance Exchanges:

Extending Young Adult Health Coverage Protects From ER Costs
Insurers Show Disparate Interest in State Exchanges
A Step-by-Step Guide to Quantifying and Mitigating Operational Risk

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