The lawsuit -- and
However, UnitedHealthcare has just 1,000 Obamacare customers, and HealthyCT failed because it could not afford the payments it owed to other insurers precisely because its customer base was healthier than theirs. Those payments are designed to keep one company from cherry-picking customers who will file fewer claims.
During the public hearings in early August,
Access Health CT, which is
Wadleigh said that competition benefits consumers, but if there's only one seller on the exchange, that company would have all the people who qualify for subsidies, both healthy and sick. He said that having all the customers in one risk pool "could help Anthem control and help stabilize the cost of the various policies it offers to customers throughout the state.
"The Affordable Care Act represents one of the biggest social policy changes of our lifetime. The implementation of this policy requires everyone, including us to adapt -- especially early on -- to the changing landscape, and to make sure that we meet the challenges the law presents to us in a way that provides the most consumer-friendly experience possible. That's how we view this development: it's a challenge. And we will meet it."
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