Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

5/27/2013 (1 year ago)

Catholic Online (www.catholic.org)

UnitedHealth Group, CIGNA, and Aetna bow out of being included in California's insurance exchange

Health care reform, or "ObamaCare" is scheduled to go into effect in six months and one week. The key provision of the Obama administration, the package ostensibly is intended to mandate individuals to carry health insurance and require that health-benefit providers are spending at least 80 percent of premiums collected on health care for its members. However, in the state of California, many major health care providers say that they're going to sit out the state's health insurance exchange 

Notably missing from the list were UnitedHealth Group, CIGNA, and Aetna, which all kindly bowed out of being included into California's health insurance exchange.

Notably missing from the list were UnitedHealth Group, CIGNA, and Aetna, which all kindly bowed out of being included into California's health insurance exchange.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

5/27/2013 (1 year ago)

Published in Politics & Policy

Keywords: UnitedHealth, California, exchanges, ObamaCare, insurance


LOS ANGELES, CA (Catholic Online) - All eyes are focused on California, which offers quite the blend of individual and commercial customers, as well as a number of soon-to-be Medicaid participants under the PPACA's Medicaid expansion. California has revealed the 13 contract winners who will be participating in its insurance exchange in the coming months.

Many familiar names remain on the list such as Kaiser Permanente, Blue Shield of California, Anthem Blue Cross and Health Net, which collectively make up a big portion of California's individual insurance market.

However -- notably missing from the list were UnitedHealth Group, CIGNA, and Aetna, which all kindly bowed out of being included into California's health insurance exchange.

When questioned about their decline in participation, UnitedHealth commented to the Los Angeles Times, "We are simply taking the time to carefully evaluate and better understand how the exchanges will work to ensure we are best prepared to participate meaningfully in their development."

A CIGNA spokesman was also quoted as saying, "We will continue to offer individual plans going forward [in five of 10 states], but we've decided not to participate in Covered California in 2014."

While UnitedHealth, CIGNA and Aetna combined are only seven percent of the total health insurance market, the message that these three large insurers are sending California is much more important.

With UnitedHealth not participating, the message appears to be that the largest insurer in the nation is still very skeptical as to how things will play out in these insurance exchanges.

The state of California offers a wealth of possibilities, but it's simply not worth the price of admission based on UnitedHealth's decision. A lack of a large national insurance presence in California's exchange is only bound to increase the mounting skepticism over how effective these exchanges will ultimately be in manufacturing competition among insurers.

In return, a lack of recognizable health insurance names could diminish consumer interest in researching these health plans, which would defeat the entire purpose of setting up the health exchanges.

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for July 2014
Sports:
That sports may always be occasions of human fraternity and growth.
Lay Missionaries: That the Holy Spirit may support the work of the laity who proclaim the Gospel in the poorest countries.



Comments


More Politics & Policy

As hundreds of bills languish on his desk, push is on to 'fire Harry Reid' Watch

Image of The GOP now hopes to use those examples to build a case against Harry Reid and argue that his procedural stranglehold is the reason for the Senate's painful levels of gridlock.

By Catholic Online (NEWS CONSORTIUM)

The GOP is now calling for either the resignation or firing of Senate Majority Leader Harry Reid. The Republican National Committee is launching a two-week "robo-call" campaign in efforts to nationalize Senate races across battleground states, arguing that each ... continue reading


DOES the President have the unilateral power to legalize illegal aliens? Hoyer: No Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

Does U.S. President Barack Obama have the unilateral right to convert countless illegal immigrants to legal status? House Democratic Whip Steny Hoyer (D-MD) said that President Obama "can't legalize" the illegal aliens, but added that the president "can ... continue reading


RATCHETING UP SANCTIONS: U.S. Europe increase sanctions against Russia Watch

Image of Australian Prime Minister Tony Abbott said that he is not considering adding new sanctions. Australia lost 28 citizens on Flight MH17. Abbott said that at the moment

By Catholic Online (NEWS CONSORTIUM)

New economic sanctions against key sectors of the Russian economy have been announced by U.S. President Obama. It's all part of Washington's latest efforts to force Russian President Vladimir Putin to end his support for Ukrainian rebels. LOS ANGELES, CA ... continue reading


'Achievements and contributions… to building the very fabric of our nation and strengthening the core of our democracy,' Obama celebrates achievements of Muslims Watch

Image of A recent survey found that 72 percent of Muslim-Americans approve of the President, more so than any other religious group.

By Catholic Online (NEWS CONSORTIUM)

As the persecution of Iraqi Christians at the hands of Islamic jihadists continued, President Obama and First Lady Michelle released a statement this past weekend thanking Muslim Americans for their many "achievements and contributions...to building the very ... continue reading


U.S. Bishops say Obama's executive order 'implements discrimination' Watch

Image of Archbishop William E. Lori of Baltimore, pictured, and Bishop Richard J. Malone of Buffalo in a statement noted that the executive order, which will impact a fifth of the U.S. workforce, discriminates against faithful Catholics.

By Catholic Online (NEWS CONSORTIUM)

A new order by U.S. President Obama that forbids federal contractors from discriminating "on the basis of sexual orientation and gender identity," has been denounced by U.S. bishops as "unprecedented and extreme and should be opposed" and, in effect, ... continue reading


Israel harshly critical of U.S. Secretary of State John Kerry, called 'an Alien' Watch

Image of U.S. Secretary of State John Kerry's apparent decision to use Qatar as a conduit through which to communicate with Hamas, effectively ditching an earlier Egyptian proposal which the group had rejected has stirred the pot.

By Catholic Online (NEWS CONSORTIUM)

The United States and Israel have been the staunchest of allies since Israel reached statehood following World War II - but this doesn't mean that the nations have always seen eye-to-eye. Indeed, the right-wing faction of the Israeli government are harshly ... continue reading


President Obama is 'mailing it in', bought the farm - spending lots of time golfing and goofing off Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

Lackadaisical. That word is used to define "lacking enthusiasm and determination; carelessly lazy." Lackadaisical appears to described U.S. President Barack Obama as of late. The president is pending an awful lot of time playing golf while the nation and the ... continue reading


In President Obama's war on religious freedom the people suffer another loss Watch

Image of A July 21 executive order has dealt a huge blow to the cause of freedom of religion in the United States.

By Catholic Online (NEWS CONSORTIUM)

President Barack Obama's July 21 executive order prohibiting discrimination based on sexual-self-identification has lead to strong criticism from several prominent U.S. bishops, calling the executive order "unprecedented and extreme." LOS ANGELES, CA (Catholic ... continue reading


Efforts against female genital mutilation could be thwarted by population growth Watch

Image of Due partly to community activism and legislation, the prevalence of FGM, which involves the cutting away of the external female genitalia, and the marriage of girls under the age of 18 has decreased slightly over the last 30 years, UNICEF said.

By Lisa Anderson, Thomson Reuters Foundation

Advances in fighting female genital mutilation, or FGM and child marriage could be offset by population growth unless the rate of progress increases, according to new data released Tuesday by the United Nations Children's Fund (UNICEF). (Thomson Reuters ... continue reading


FREE SPEECH VIOLATED: Tea party groups' lawsuit against IRS proceeds Watch

Image of Among the individuals named in the lawsuit is Lois Lerner, who headed the division that processes applications for tax-exempt status at that time.

By Catholic Online (NEWS CONSORTIUM)

They're not going to take it - and they're taking their claims to court. A federal judge has allowed a lawsuit by 10 tea party groups to move forward against the Internal Revenue Service. The judge rejected a request by the federal government to dismiss all the ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Jeremiah 18:1-6
1 The word that came to Jeremiah from Yahweh as ... Read More

Psalm, Psalms 146:1-2, 2-4, 5-6
1 Alleluia! Praise Yahweh, my soul!2 I ... Read More

Gospel, Matthew 13:47-53
47 'Again, the kingdom of Heaven is like a dragnet ... Read More

Saint of the Day

Saint of the Day for July 31st, 2014 Image

St. Ignatius Loyola
July 31: St. Ignatius was born in the family castle in Guipúzcoa, Spain, ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter