— Daniel Schumacher, COO and CFO of UnitedHealthcare, on a recent conference call to discuss second-quarter earnings, at which he said UnitedHealth Group expects to lose $850 million on public exchanges for the 2016 plan year.
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Tuesday, August 2, 2016
"The reality is the severity of chronic conditions ...
... inside the
[public exchange] population actually increased on a year-over-year basis. If
you look at the prevalence of chronic disease — things like HIV and hepatitis
C, diabetes, COPD — those are examples of things that the prevalence was high
to begin with in 2015, and that has increased into 2016. So that's what's
informing our view."
— Daniel Schumacher, COO and CFO of UnitedHealthcare, on a recent conference call to discuss second-quarter earnings, at which he said UnitedHealth Group expects to lose $850 million on public exchanges for the 2016 plan year.
— Daniel Schumacher, COO and CFO of UnitedHealthcare, on a recent conference call to discuss second-quarter earnings, at which he said UnitedHealth Group expects to lose $850 million on public exchanges for the 2016 plan year.
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