UnitedHealth plans to exit the Affordable Care Act exchanges in Georgia and Arkansas, according to The Hill.
Here are five takeaways:
1. In November, the payer warned it would drop out of unprofitable ACA exchanges.
2. UnitedHealth reported expected losses totaling $1 billion from participating in ACA marketplaces.
3. The payer only entered the Arkansas marketplace last November, and did not comment why it was leaving in 2017.
4. Last fall, UnitedHealth enrolled 600,000 people throughout its ACA plans.
5. The payer is one of the largest carriers of medical plans.
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