Monday, July 8, 2013

58,000 Californians to lose current insurance under Obamacare

The nation’s largest health insurance company has decided to stop covering individuals in the nation’s largest state.
UnitedHealth Group Inc. said that it will not participate in California’s individual health insurance market beginning Jan. 1, 2014, when Obamacare regulations will take effect, according to the Los Angeles Times.
Last month,  insurance giant Aetna also announced that it will no longer cover individual Californians. Together, the companies’ decision to stop providing individual coverage will affect 58,000 existing customers in California.

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