Harken Exits Obamacare Markets as UnitedHealth Startup Struggles
A patient receives vision care in Los Angeles.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
UnitedHealth Group Inc., the biggest U.S. health insurer, is scaling back its experiment in Obamacare markets as its Harken Health Insurance Co. startup withdraws from the two exchanges where it was selling plans.
Harken will not offer individual plans through Obamacare exchanges in Georgia and Chicago in 2017, the company said Thursday in an e-mailed statement. It will continue to offer individual plans off the exchange, Harken said.