Tag: healthcare

R&D from Prepd: UnitedHealth Leaving ACA Exchanges

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l_2Today’s R&D is brought to you by Prepd, the only software built specifically for extemp. Prepd makes it easy to research, practice, and compete!  Visit www.prepd.in to learn more. Like Prepd on Facebook for special info and contests.

This R&D provides information on UnitedHealth’s recent decision to leave thirty-four of the Affordable Care Act’s (ACA) health insurance exchanges due to mounting losses.  The insurer says that it will lose $650 million this year, partly due to the fact that those using the exchanges are most in need of care versus those that receive insurance from an employer.  This sicker risk pool was not offset by enough younger, healthier customers so UnitedHealth has taken a financial hit.  Critics of the ACA say that UnitedHealth’s departure from the exchanges will lead to fewer options for exchange customers and that it is further proof that the ACA is not working for a majority of Americans. Defenders of the law say that UnitedHealth’s exit will not adversely affect the ability of Americans to purchase health insurance over the short-term or long-term.

R&D from Prepd: The Affordable Care Act

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l_2Today’s R&D is brought to you by Prepd, the only software built specifically for extemp. Prepd makes it easy to research, practice, and compete! Visit www.prepd.in to learn more. Like Prepd on Facebook for special info and contests.

This R&D provides resources on the Affordable Care Act (ACA), also known as Obamacare. The law is in its third year and the open enrollment period for health insurance began this week. The Obama administration is hoping that increased penalties for going without health insurance will cause more people to seek out coverage on federal and state exchanges, but rising premiums and the closure of some healthcare cooperatives are giving ammunition to opponents of the legislation.

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