It would be a stretch to say that all is well for the Patient Protection and Affordable Care Act (PPACA). Insurers participating in the insurance marketplace set up by the landmark law are agitating for higher premiums and the country's largest insurance company, citing losses, has announced that it will withdraw from PPACA exchanges in all but six states.
The good news, however, is that UnitedHealthcare's decision to abandon Obamacare is the exception, not the rule. Most insurers appear committed to the PPACA exchanges.
A recent survey by the Commonwealth Fund of major for-profit insurers found that most companies are signaling to investors that they plan to stay the course. The only other major insurer that has suggested it may leave is Humana, which is in the process of merging with Aetna. The latter company has not shown any interest in abandoning the exchanges.
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