Despite Early ACA Costs, UnitedHealth Will Expand Obamacare Business In 2015

wochit business
April 17, 2014 AT 5:38 AM
The nation’s largest health insurance company, UnitedHealth Group, said its first-quarter earnings dipped slightly due to costs and fees related to the Affordable Care Act, but the company sees growth from the law and is looking to expand its offerings on government-run exchanges next year. UnitedHealth projects its revenue to grow five percent this year to a “range of $128 billion to $129 billion” as it gains new customers from newly insured customers under the health law via exchanges, expanded Medicaid health programs for the poor and its Medicare Advantage.