Business & Tech
UnitedHealth Group Opts Out of MNsure
The Minnetonka company worries that new enrollees will want costly health care procedures in the first year of Minnesota's new state-run health insurance marketplace.
Minnetonka-based UnitedHealth Group will not be participating in MNsure, Minnesota’s new state-run health insurance marketplace in 2014, the Pioneer Press reported Sunday.
The company’s CEO said last week that UnitedHealth would only participate in a dozen state exchanges in the first year because of worries that the new customers would have “pent-up demands for costly health care services,” according to the newspaper.
The move comes even though at least one of MNsure’s board members has extensive connections to UnitedHealth. MNsure’s newly named board chairman Brian Beutner, who’s now the CEO of mPay Gateway, spent seven years with UnitedHealth Group. His work there included serving as general counsel for UnitedHealthcare and helping to found UHG’s financial services business.
MNsure enrollment begins Oct. 1. Coverage starts Jan. 1, 2014.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
