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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UnitedHealth promises to return ObamaCare profits to customers
UnitedHealth Group (UHG), the largest national health care provider in the U.S., is planning to return profits it makes in the Affordable Care Act (ACA) marketplace to consumers in 2026. CEO and Chair Stephen Hemsley is expected to announce the idea when he appears before a House Committee on Energy and Commerce subcommittee on Thursday,…
UnitedHealth Group vows to give customer rebates with Affordable Care Act profits
UnitedHealth Group vowed to return all of its profits from the Affordable Care Act marketplace this year to its customers in the form of a rebate. UnitedHealth CEO and Chairman Stephen Hemsley will announce the rebates in his Wednesday congressional testimony before the House Ways and Means and Energy and Commerce committees. The two lower chamber committees are hosting Hemsley and four other healthcare company CEOs on Thursday to testify on hea…
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