UnitedHealthcare plans to nearly double its footprint in states that offer Affordable Care Act market plans.
Spokesperson Christina Witz confirmed to MedCity News via email that the Minnesota-based health insurance giant has submitted an application-and is awaiting regulatory approval-to participate in the ACA insurance exchanges in seven NSW.
Witz said this will bring the total number of states that UnitedHealthcare offers exchange programs to 18.
Specifically, the payer hopes to plan to expand to the ACA market in Alabama, Florida, Georgia, Illinois, Louisiana, Michigan and Texas in 2022.
UnitedHealthcare is a subsidiary of UnitedHealth Group and has been gradually expanding its business in the ACA market since its establishment. It withdrew from most state exchanges 2017.At the time, UnitedHealth executives Critical communication, Saying they are unsustainable. In the next three years, payers will only provide Obamacare in three states.
but Once profits expand And profits increased, and United Healthcare finally began to expand to other states in the 2021 plan year. Start in Maryland.
2021 is an important year for ACA.Not only the Supreme Court Uphold the health care law, But the number of market registrations has also exceeded 12 million, which is higher than the approximately 8 million in 2014. According to Data from the Caesars Family Foundation.
The Biden administration’s promise has greatly increased enrollment Support ACA. about 2.5 million people Insurance is registered through HealthCare.gov and state-based markets during a special registration period, which enables uninsured people to obtain insurance during the Covid-19 pandemic that lasted from February 15 to August 15.
According to a report, insurance companies’ participation in the ACA market is also increasing Analysis of the Robert Wood Johnson Foundation Released in February. The analysis found that large insurance companies flocked to these exchanges, among which Anthem, UnitedHealthcare and Cigna accounted for about two-thirds of the nation’s commercial products in the personal market.
In fact, just last week, Cigna announced its further participation in the ACA exchange.For the 2022 plan, the Cigna plan Expand its Obamacare service Three new states and 93 new counties.
Photo: kroach, Getty Images
