If you like your doctor, you can keep your doctor, period. That’s what Obama and other Democrats told the gullible voters who re-elected him last year. Now, thousands of doctors, from at least 10 different states are being dropped from UnitedHealth Group because of ObamaCARE. Now, people in these ten states will lose their doctors, purely because of ObamaCARE. Mostly, it’s the elderly who are affected, as ObamaCARE’s death panels roll on.
The insurer said in October that underfunding of Medicare Advantage plans for the elderly could not be fully offset by the company’s other healthcare business. The company also reported spending more healthcare premiums on medical claims in the third quarter, due mainly to government cuts to payments for Medicare Advantage services.
UnitedHealth is participating in about a dozen new state insurance markets that launched on October 1 to offer subsidized health coverage under President Barack Obama’s healthcare overhaul.
The insurer said previously it planned to withdraw from some markets in 2014 because of the government funding cuts.
Another top health insurer, Aetna Inc , also warned in October that it expected slowing growth in 2014 in its Medicare Advantage plans.