(Bloomberg) -- UnitedHealth Group Inc. should havestayed out of the Patient Protection and Affordable CareAct's new individual markets longer, the chiefexecutive officer of the biggest U.S. health insurer said Tuesday,after announcing last month that it will take hundreds of millionsof dollars in losses related to the business.

Instead of expanding into PPACA next year, the company shouldhave kept waiting, UnitedHealth CEO Stephen Hemsley said at aninvestor meeting in New York.

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