UnitedHealth's exit from New Jersey exchange marks 27th state dropped

With its recently announced departure from New Jersey's Affordable Care Act marketplace, UnitedHealth has officially dropped from the exchanges in 27 states, according to Bloomberg.

Consumers will no longer be able to purchase individual plans — both on and off the ACA exchanges — in 2017 from UnitedHealth's Oxford Health Plans unit. However, the insurer will continue offering small business coverage, and one of its other units will sell non-ACA plans.

UnitedHealth's exit from New Jersey comes as no surprise. In April, the insurer said it would leave the ACA exchanges in all but a "handful" of states in 2017. Among them are Indiana, ArkansasGeorgiaMichiganConnecticutIowa and Maryland.

Next year, UnitedHealth will leave 27 of the 34 states in which it sold plans in 2016, and it has only confirmed that it will sell in three states: Nevada, New York and Virginia, according to Bloomberg.

More articles on payer issues:
Empire BCBS, HealthAlliance yet to resolve contract dispute
BCBS, Partners dig in heels in SEIU battle
CMS approves Calif. tax on managed care organizations

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months