The Affordable Care Act has gotten some bad news lately. It's not a sign of impending disaster, as the law's critics say, but it may be a sign of some real problems on the horizon.
UnitedHealth Group announced on Thursday that it has lost $425 million on the policies it has been selling through the Obamacare exchanges. The reason is pretty simple, according to Stephen Hemsley, the company’s chief executive officer: UnitedHealth hasn’t attracted a sufficiently balanced mix of healthy and sick customers.
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