FOR IMMEDIATE RELEASE
April 12, 2016
Arkansans to Lose Health Coverage Because of ObamaCare
Little Rock, Ark. – Bloomberg is reporting that UnitedHealth will stop offering health plans in the ObamaCare exchange after posting losses from their individual policies last year. This means that people who are currently enrolled with UnitedHealth will have to choose a new provider and plan next year.
Democratic Senate candidate Conner Eldridge has already said he opposes efforts to repeal ObamaCare, doubling down on the disastrous law that is leaving Arkansans scrambling to find a new plan next year.
This is just the latest example of President Obama’s “lie of the year” taking a devastating toll on Americans across the nation.
“UnitedHealth Group Inc., the largest U.S. health insurer, has decided to call it quits in two state Obamacare markets, in the latest challenge to President Barack Obama’s health-care overhaul. The insurer won’t sell plans for next year in Georgia and Arkansas, according to state insurance regulators. Tyler Mason, a UnitedHealth spokesman, confirmed the exits and declined to say whether the company would drop out of additional states.
“Many insurers have found it difficult to turn a profit in the new markets created by the Affordable Care Act, where individuals turned out to be more costly to care for than the companies expected. UnitedHealth and Aetna Inc. both posted losses from the policies last year, as did big Blue Cross and Blue Shield plans in states like North Carolina.”
Eldridge Opposes Repealing ObamaCare. “He’s also trying to strike a careful balance on other issues, stopping short of saying whether he would have backed the federal health care law but opposing efforts to repeal it.” (Andrew DeMillo, “Analysis: Eldridge Puts New Face On Old Democrat Strategy,” The Associated Press, 9/19/15)
President Obama Nominated Eldridge As U.S. Attorney In September 2010. “President Barack Obama nominated William Conner Eldridge Jr., a bank president and prosecutor, to serve as U.S. attorney for the Western District of Arkansas, in an announcement sent out Wednesday afternoon. Eldridge, chief executive officer of Summit Bank, is also a special deputy prosecutor for the prosecuting attorney's office of Clark County. Arkansas' two Democratic Senators, Blanche Lincoln and Mark Pryor, recommended the Arkadelphia resident to Obama in May 2009.” (Alex Daniels, “Obama Gives Nod To Arkadelphian For U.S. Attorney,” Arkansas Democrat-Gazette, 9/30/10)