California's three largest health insurers went against the trend of insurers' heavy losses on the exchanges by racking up a combined $182 million surplus on ACA policies in 2014, according to the Los Angeles Times.
In November, UnitedHealth Group announced that it was considering pulling out of the Affordable Care Act marketplaces in 2017 due to continued losses on its individual market products. And Cigna CEO David Cordani recently said the company has not yet committed to operating on the exhcnages after 2016 as its ACA business has not yet been profitable.
But Blue Shield of California, Kaiser Permanente and Anthem Blue Cross accounted for half of the gains insurers reported under the ACA in 2014--making some question whether state regulators should have pushed harder for lower premiums, according to the L.A. Times. Article