The Corner

UnitedHealth May Quit on Obamacare

Phil Klein has been all over this story this morning.

His first installment: “UnitedHealth Group, the largest insurance company in the U.S., on Thursday slashed its earnings outlook, citing new problems related to Obamacare, and told investors it may exit the program’s exchanges.”

Second: “The chief executive officer of the largest U.S. health insurance company on Thursday told investors that the company’s losses from Obamacare were worsening, showed no signs of improvement, and would be unsustainable beyond 2016.”

Third: “Health insurance stocks plummeted on Thursday after the nation’s largest insurer slashed its profit forecast due to massive losses from Obamacare.”

Perhaps UnitedHealth should go to the Supreme Court for a fix; it could just explain that Congress intended to enact a law that would work.

Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.


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