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UnitedHealth to Offer Rebates to Its Obamacare Customers

UnitedHealth will return 2026 ACA marketplace profits to about 1 million customers amid premium increases following subsidy expiration, CEO Stephen Hemsley said in congressional testimony.

  • On Jan. 21, UnitedHealth CEO Stephen Hemsley said the Minnesota-based insurer will rebate 2026 profits from Affordable Care Act marketplace plans to customers in prepared congressional testimony.
  • After enhanced subsidies expired on Dec. 31, 2025, KFF found average costs for 22 million subsidized ACA enrollees more than doubled in January.
  • The company noted, `Though UnitedHealthcare is a relatively small participant in the individual ACA market, we will voluntarily eliminate and rebate our profits this year for these coverages, as Congress continues to work toward more long-term solutions,` Hemsley wrote in prepared remarks.
  • UnitedHealth says the rebate will touch about 1 million Americans enrolled in UnitedHealth ACA plans across 30 states, but spokesman Robert Josephson declined to share specifics as CFO Wayne DeVeydt projected low single digit margins in 2026.
  • Facing bipartisan pressure, insurers confront scrutiny from U.S. Congress and the White House as CEOs from UnitedHealth, Cigna, Elevance, and CVS prepare for hearings on affordability and profits.
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Reuters broke the news in United Kingdom on Wednesday, January 21, 2026.
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