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Anthem threatens Obamacare retreat if results don't improve

Other big insurers -- UnitedHealth Group Inc., Aetna Inc. and Humana Inc. -- have already scaled back, after posting massive ACA losses.

By Zachary Tracer | Updated on November 02, 2016
Other big insurers -- UnitedHealth Group Inc., Aetna Inc. and Humana Inc. -- have already scaled back, after posting massive ACA losses. (Photo: iStock)

Anthem Inc. said it may join other major U.S. health insurers in largely pulling out of Obamacare’s markets in 2018 if its financial results under the program don’t improve next year.

Anthem retreating from the Affordable Care Act would mean that almost all of the major American for-profit health insurers have substantially pulled back from the law. The other big insurers — UnitedHealth Group Inc., Aetna Inc. and Humana Inc. — have already scaled back, after posting massive losses.

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