The major losses that the largest American insurer experienced on the Affordable Care Act state insurance exchanges didn’t prevent it from making big bucks.
UnitedHealth posted a 28 percent rise in revenue (to $46.5 billion) and a profit of $1.8 billion during the second quarter, the period during which it announced that it would discontinue its Obamacare business in all but a few states. It also reported $200 million in additional 2016 losses from ACA public exchanges.
Its profits come despite $1.3 billion of losses that the insurance giant reported it incurred in 2015 and 2016 from its ACA exchange plans.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
