it would be left with only one insurer if united health care pulls out. e obama administration officials played down the impact of united health announcement, saying the company was not the lowest cost plan and many of the biggest. dates at least 95% of the populations of florida, illinois and ohio live in a county where they can find a cheaper plan this year according to the obama administration. the kaiser family foundation also released a report that looked at what might happen if united health care left all the states in which it currently participates and currently offers plans. if united health care follows through on the threat to quit the health insurance thantplaces in 2016, more one million consumers will be left with a single health plan option according to a forecast released earlier this week. that's if united health care were to leave all of the state in which it currently operates. it will still operate in just a handful. united health care's pullout means in the south and midwest, did most of the 34 states where united operates this year th

this is been the third time i had to switch primary care doctors. -- mynited health care primary care doctor stopped taking united health care insurance last year. three times i would've had to change primary care doctors since the onset of obamacare. then i had cheaper plans. that would've been $4300 tax adoption i would've lost. when they say there are cheaper plans available, and they all had higher out-of-pocket expenses. it's not cheap. they say go out and look for a cheaper plan. you really have to be careful with what you are getting with lower monthly premiums. a lot of times -- host: if united health care exits florida, what will you do? caller: i don't know. i am almost ready for medicare. for the first time in my life and anxious to get to age 65. once i get on medicare i want have to worry about it so much. i will have at least another two years for a need to try to find something that i can afford. hopefully my doctors will be on it. i had my insurance policy for 25 years. never really had to use it. when i did start developing health problems it all went to heck in a handbasket. my coverage now is m

united health care, the largest health insurer in the u.s., deals mostly in employee plans announcingt wants out of 2017 of most of the affordable care act exchanges and that may spell big trouble for you. right now united health is in 34 states. that means rival insurers will face less competition and big new costs for you. president obama's signature healthcare law has become a hot signature issue especially for ted cruz. >> if i'm elected president, we will repeal every word of obamacare. [cheers and applause] >> just a short time ago ceo of healthcare.gov kevin cumahan went "on the record." >> thank you very much for joining me, sir. >> thank you, greta. >> now, i understand united health care is going to pull out of some the federal and state exchanges. they are more concentrated employee programs but none the less this will have an impact on some communities. can you tell me what impact it will have? >> well, you know, it's -- i think we are still waiting to see. you know, they have a pretty small market share overall. it's about 6% of market share of the total exchange. so, you

fbi against apple will not migrate into the department of health and human services against united health careprovide health care services. we're the government. we don't actually provide it. we're just the go between. if you don't do this, who's going to do it? i could say that kind of argument being made, and i hope it's profoundly rejected. stuart: i think it's the other way around. i think they may offer taxpayer money for the losses which the united health cares of the world with obamacare. that would be spending our money. there's a provision in this. >> there is and it's reprehensible if that happens. that's what he promised would never happen. stuart: you lawyers are not going to do a thing about this, are you? you're just going to sit on the sidelines and say that's unconstitutional. you'll do nothing. >> well, who would have standing to object to this? because a taxpayer does not have standing to object to the way tax dollars are being spent. otherwise there would be floodgate of lawsuits. stuart: there would. >> right. stuart: so the damage is political. it's not legal. >> may i cor

. >> the obama administration is downplaying an announcement by united health care, the country's biggestealth insurer, the company will exit most state obamacare exchanges by next year. the company's ceo said the market for exchanges in those states was too small and exposed united health care to too much financial risk. the company previously said it could lose up to half a billion dollars this year on those exchanges. >>> a vigil was held last night in texas to remember murdered fitness instructor missy bevers. her body was found inside a church in midlothian. she was there to set up for a class. police released more surveillance video of the suspect dressed in police s.w.a.t. gear. experts say he should be easy to recognize given his distinctive walk and mannerisms. >>> a so-called bathroom that barred a teen has been overturned by a federal appeals court. kevin grimm was born female but en ruling says his high school policy barring him from the boys room was discriminatory and could be still appealed and may have implications for a similar new law in north carolina which critics say

in this situation, we have a matter where united health care overpriced their marketplace. in three big marketplaces, ohio, florida and in texas, in those three marketplaces 95% of the people applying for health insurance could go and get it cheaper than united health care provided. they were too expensive and weren't competitive. that is why they failed. >> one reason why is because the obama administration put these mandates on what they have to cover. so they have to provide contraception for elderly people and the rest of it. these are things the what's happening is that commercial insurers are being replaced by medicaid providers, offering low plans that mirror what they offer medicaid people, which is the worst kind of, providing for the poor. >> so i just have to point out. >> hold on, robert. >> three quarters of people in the obamacare exchanges had commercial health insurance before forced into obamacare. now, they're being forced into obamacare, and getting government subsidized health care but into medicaid style health care. this is a bad deal. >> we have more i

and united health care lost, i believe it was 500 of their -- on track for losing $615 million this yearecause of obamacare. so, everyone beats up the insurance companies, but, that's a significant loss and that's replicated across the board. we have got to do something about prescription drug prices. the big conversation now is we have to get to the lowest drugg*c prices possible, the oedc that could save $400 billion a year. republicans have to talk about prescription drug prices what we can do. that's a huge additional drag. >> here is the white house last month talking about obamacare. >> we have seen that over the three years that obamacare has been implemented that we have seen steady growth in the average number of plans that are available in each market. i'm speaking off the top of my head here, but i think that the first year the average was ext year it rose to8 and this past year average of 9 plans competing in each market across the country. so that is an indication that we are seeing increased competition. >> charles? >> but it's all going in reverse. we are now, as we heard

and united health care lost, i believe it was 500 of their -- on track for losing $615 million this yeare of obamacare. so, everyone beats up the insurance companies, but, that's a significant loss and that's replicated across the board. we have got to do something about prescription drug prices. the big conversation now is we have to get to the lowest drugg*c prices possible, the oedc that could save $400 billion a year. republicans have to talk about prescription drug prices what we can do. that's a huge additional drag. >> here is the white house last month talking about obamacare. >> we have seen that over the three years that obamacare has been implemented that we have seen steady growth in the average number of plans that are available in each market. i'm speaking off the top of my head here, but i think that the first year the average was 7. the next year it rose to 8 and this past year average of 9 plans competing in each market across the country. so that is an indication that we are seeing increased competition. >> charles? >> but it's all going in reverse. we are now, as we he

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united health care hitting a new lifetime high, folks. vestors clearly agreeing with the company's decision to exit obamacare exchanges. better than expected earnings yesterday. also helping to fuel multiple price target generating hikes. united health care jumping 3.3%. president obama meeting's king outcry. iran, oil, 9/11, all of this growing louder and louder. are the saudis still more friend than foe? here between us in the middle east. former u.s. ambassador to saudi arabia james smith is here. he's got that answer. that's next on countdown before i had the shooting, burning of diabetic nerve pain, these feet were the first in my family to graduate from college and trained as a nurse. but i couldn't bear my diabetic nerve pain any longer. so i talked to my doctor and he prescribed lyrica. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters, m

goldman sachs, johnson & johnson, and united health care. the largest health insurer in the u.s. said it's making some big changes. an earnings petty and an upbeat forecast for the rest of the year by united health group. but the biggest u.s. insurer also said it will shrink its presence in the haikt exchanges. right now it's available in 34 state exchanges. by 2017, it says it will only be in a handful. losses from the exchange business are now expected to reach $650 million this year. mostly because the health of many new customers in those exchanges is worse than the company had planned on. also raising guidance for the rest of the year, johnson & johnson. it too beat earnings expectations for the first quarter even as a strong dollar cut into its revenue growth. pharmaceutical sales, j and j's biggest business, grew almost 6% behind a diabetes drug invocana and a blood thinner. j and j says the hunt for growth through acquisitions, buying up smaller companies, is continuing. >> we'll continue to work through various acquisition proposals that we look at. and we want to do the

. >>> united health care will not offer any health plans on georgia's state health exchange next year. it's the only insurer that's notified the state of the the plan not to participate. you might recall last month we told you about a report that concluded patients on the exchanges were sicker than others and questioned whether insurers would be part of the affordable care act long term. >>> mortgage investor is buying hattarus financial for about $1.5 billion. both companies are structured as real estate investment trusts. shares soared better than 10%, close to 11. >>> this next story takes the concept of downsizing to a whole new level. some homeowners aren't just going smaller, they're going ti tiny. it's part of a new movement in housing that's gaining in popularity in parts of the country where home prices aren't that steep. diane has the story. >> reporter: even when kwloyou' talking tiny, size matters. the very design are all their own. ryan mitchell owns a tiny house in charlotte, north carolina and touted tiny living at a conference he organized recently. >> people are very

united health care one south of most of those exchanges. maybe all. gerri willis followed it closely. >> telling the world get a nod of obamacare after the exchanges of the country's biggest health care insure the biggest you can't make it on the exchanges. he says it takes too much money. the people are too sick to ensure there will be a 2017. bad news for obamacare. neil: if. neil: if they are out, what does that mean? >> the same thing that happened after dodd-frank. if you get a mortgage, the big banks are out of the business of origination. the big insurers or get out of the business of obamacare. neil: in other words, it might cost you more. >> prices are already going on. more expensive for virtually any procedure, surgery you want to have good >> you've got a big book out now. perfectly timed with all the heat in the convention and back and forth. they don't even see reflection limit what a mirror. you are saying what? >> i'm not saying that rich people are evil. i'm saying financial success is what this country was built upon and what you need

. >>> the biggest health insurer in america says that it will exit most of the obama a care state exchanges by next year. unitedealth care officials say that the company will only keep the exchanges in a handful of states. it is still unclear which states those will be, and the company says that the markets for the exchanges are relatively small and carry a significant short term risk. >>> water is receding in houston, texas. the death toll after days after flooding, it is on the rise. officials say that at least eight people have been killed, and most have drowned after driving in the high water. crews have rescued more than 2300 stranded residents since monday, and the flood caused an estimated $5 billion in damage and it has been an oh, so difficult week for houston, and their surrounding areas. >> and that same system will be heading here on friday but by the time it gets here, it will be at a dramatically weaken state. >> right. >> we will not see anything like that. we will just have showers and thunderstorms. tonight, storm tracker six live double scan, showing no rain out there really not even a cloud i

a handful of dow components report including goldman sachs, johnson & johnson, united health care, intel. housing starts, building permits, both indications of future building activity, they are due out. and a house committee will hold a hearing on encryption and the debate over privacy versus national security. that's what to watch tuesday. >>> ceo elizabeth holmes says she's devastated that she didn't catch and fix the issues surrounding her lab earlier. in an interview with maria shriver on nbc's "today" show, her first since regulators proposed banning her startup for at least two years, she says she holds herself responsible. >> i'm the founder and ceo of this company. anything that happens in this company is my responsibility, thaild. we stopped testing and have taken the approach of saying, let's rebuild this entire laboratory from scratch. so that we can ensure it never happens again. >> the regulator's move comes after the company failed to fix a problem at a california lab, according to a letter from the centers for medicaid and medicare services obtained by "the wall street jo

united health care has had trouble attracting the younger customers who subsidize care for older andtates. it expects to lose $650 million this year. yesterday, atsede baysa of ethiopia won the boston marathon. well, today she gave her trove tow bobbi gibbs. it was 50 years ago today that gibbs snuck spot mens-only race and became the first woman to finish it. baysa called her an amazing woman. gib promised to return the trophy next year. serious about not running for president? well, steven colbert pressed him for tonight's "late show." >> i have said i do not want nor would i accept the republican nomination. >> got it. so you're considering the nomination. >> no, no, i'm not. >> okay, i'll give you some time to mull this one over. ( laughter ) how about now? >> still no. >> so that's a maybe? >> no, it's a no. ( laughter ). >> like a no-no? or one of those no, i don't want to be speaker of the house but i'll accept it if you just give it to me nos. >> it's a no-no. >> pelley: you can see more of speaker ryan on "the late show with stephen colbert" right after your late local news

followed by other blue chips later in the week including goldman sachs, johnson & johnson, intel, united health care to name a few. wednesday we'll get an update on the spring selling season with a report on existing home sales. thursday the european central bank meets and that's what to watch next week. >>> the department of homeland security has sent out an alert to windows users. if you have apple quicktime installed, uninstall it. apple pulled support for that software and it is not issuing an additional security update on that and a lack of updates means lack of protection, making it easier for hackers to access your computer. >>> general motors is recalling 1 million newer trucks for faulty seat belts. the automaker said the retail covers 2014 and 2015 chevrolet silverado and gmc sierra 1500 pickups. gm says there have been no reports of crashes or injuries. >>> target is doing it again. following last year's wildly successful lily pulitzer limited edition launch this sunday the retailer is selling a line of mara mecco goods, expected to sell out quickly, leaving many customers empty handed an

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dari: united health care says it cannot afford this anymore. $650 million is expected to lose from obamacare. the company plans to back out of state exchanges by next year at the latest. we want good news for those owners of diesel powered volkswagen. volkswagen has reached a deal with the u.s. to settle the case over its cheating on emissions test. it will include giving $5000 to car owners in the united states the agreement would likely be tomorrow during a court hearing in san francisco. dari: you can soon make calls with up to 50 people on facebook messenger. rolling out globally over the next 24 hours am of the feature is available on apple and android and should show up as a phone icon and includes chats. unfortunately there is no group video yet. steve: mcdonald's testing out new versions of the bitmap big and small. they call the new birders for big macs and matt turner. it weighs more than the original. the reworked menu is to help with sales drops. room saying if you're on a date and it's not going well, ask for rachel or jennifer at the bar they will call a cab. most reacted posit

. >>> one unfortunate the nation's largest health insurers said today it is pulling out of obama care exchanges next year in all but a few states. unitedh care has had trouble attracting the younger customers who subsidize care for older and sicker patients in 34 states. it expects to lose $650 million this year. >>> yesterday, the winner of the boston marathon. today she gave her trove trophy to bobbi gibbs. 50 years ago that gibbs snuck into the men's only race and became the first woman to finish it. she called her an amazing woman. gibb promised to return the trophy next year. >>> is house speaker paul ryan serious about not running for president? well stephen colbert pressed him for tonight's "late show." >> i said i do not want nor would i accept the republican nomination? >> go out. so you are considering the nomination? >> no, i'm not. >> i will give you time to mull this one over. how about now? >> still no. >> so that is a maybe? >> no. it's a no. >> like a no, no, or one of those no, i don't want to be speaker of the house but i will accept it if you just give tight me, noes. >> a no-no. >> destiny wattford,,,,,,,,,,,,, >>>

health care spending. it's not going to shift from consumers. david: unitedt announced another state they are pulling out of. does that have a material effect on obamacare early on? >> the optics look worse than it is. united health is a household name but they were more of a slow-moving player. they went to 34 states this past year but in 2014, anthem serve one in three americans. those companies are more relevant. and thell important obama administration takes a hit as they get out of the states but still, there are at least two plans and most of the state a were operating in. in some of these states, people may go down to one insurer in that it increased rices for consumers. it's definitely a negative, is just how many more they will pull out of next year. david: we will keep following this, thank you very much. coming up, we will talk about living wills and their impact on banks with former fdic was noheila bair president of washington college. ♪ matt: later today, bloomberg will have the details on yahoo! and intel earnings when they report after the bel

united health care no longer a part of it. >> that's a big headline. laces tried to down play that. united health care is the number one health care provider in the country. ainsley, the kaiser family foundation found that in 30% of the counties in the country, when they drop out, there's one insurer left. 30% more, there's two insurers left. what does that mean? no competition and prices keep spiraling upward. if you don't have competition, you can charge whatever you want. >> one of the things republicans have talked about on capitol hill since the passage of obamacare, i don't remember the name of the exact fund or part of obamacare, but there's essentially a great big slush fund to give to the insurance companies because they have big losses. now the slush fund isn't as plentiful and the company is saying we can't make money. >> rubio put a stop to it. >> the united health care has stayed in the business. they would have lost $650 million this year alone. they say by 2017 they are getting out of obamacare because they are restricted and have to use

united health care all year. >> every customer -- no. >> is there a day. >> we have yunited health care. >> we shouldn't be doing claims procession. we should have a reserve department. we'll get there. with these consolidations you're seeing and ability of large companies to pull resource we can create a clearinghouse. >> meaning that, the patient won't ever touch the bill at all >> right. >> how far along are we on that? >> five years. >> five years? it's only bean couple of months. >> it's all year long. >> don't fight. >> what is it, march? >> april. >> two months. >> increasingly -- right. >> people are awake at night bothered their health insurance. >> what your talking about? >> you're not answering him. you have united health care. >> he done use in network doctors so you shouldn't buy the product. >> i shouldn't use the product. every new yorker using aetna product bass you guys can't handle it. >> people are going to use out of network. you don't want them as patients. >> better to use network providers

the united health care scaling back certainly won't help. >>> a down day for the markets today. the dow lost 21. the s&p 500 dropped 6. the nasdaq was off 17. >>> trump cries foul. cruz keeps piling up delegates and bernie wins again. we'll talk about all of >>> what they're trying to do is subvert the movement with crooked shenanigans. i say this to the rnc and the republican party. you're going to have a big problem. there are people who don't like what's going on. >> they elected a total of 34 delegates. out of those 34 we won 34. now, in response donald has been yelling and screaming. >> you know, you got to go out and hunt delegates, that's part of what this is about. everybody's been talking about what wins what thing. i keep telling people, it's about accumulating delegates. >> the candidates on the republican side talking about colorado over the weekend. as you look at the delegate breakdown right now. donald trump has 743, ted cruz 545. you see rubio with his 171 and kasich behind. they're talking about colorado, 34 delegates for cruz over the weekend. trump tweeting, h

. ♪ ♪ martha: so a major shake-up in the health care industry. united nation's largest health insurer, is leaving most of the obamacare health exchangeses, and that's going to start in 2017. it's due mostly to the escalating losses they say they've received on those obamacare plans. it does not make business sense for them to stay on it, so they are largely out. we're joined by fox business' melissa francis, who basically told us this would happen. >> they lost $475 million based on obamacare alone last year. they're projecting for this year they're going to lose $650 million. the people that are making these decisions, the ceo, it's not their company. it's not their community. their responsibility, their legal duty is to their shareholders. they can't make decisions based on what think think is nice, what's politically correct. it's against the law. so they are saying we are losing money, we have no choice but to exit obamacare x. they're doing it all over the place. many, many states. so in a lot of markets you're going to end up with one choice on ob

united health care will exit most obamacare markets. the administration says costs are being blown out of proportion. once tax credits are factored in, the increases will have less of a real-world impact. skyrocketing premiums, coo of cmf says opening rates that folks file are certainly not the impact that consumers will feel and you should take them with a grain of salt. polling, just 15% of americans say they benefited from the health care law. 26% report they have been harmed by it. brett? >> thank you. >>> a group of middle schoolers from north carolina tried to pay their respect at the 9/11 memorial friday by singing the national anthem. we say try because two security guards stopped them from single the star spangeled banner. they needed a permit to sing. they say it was mishandled. dow was down today. not enough people in seattle say they want to ride their bicycle. what the government is doing about it, when we come back. >>> a follow up tonight to a story we brought you last week about what could be a major breakthrough in the

. ♪ host: the nation's largest health insurance company announced this week it will pull out of most of the public marketplace is treated by the affordable care act. unitedealth care says it's on track to lose $650 million this year. they has signed of nearly 800,000 people. this decision will affect primarily those in the south and midwest. experts are still sorting out with this means. whether insurance will leave. we want your input. we are putting up the phone lines to callers enrolled in one of the affordable care act's plans. what was your experience like? call in and let us know.

. >>> united health care has already indicated it plans to drop the exchanges in just three states but on a conference call yesterday the ceo says they will only keep the exchanges now in a handful of states, it's unclear which states will remain. the markets for the exchanges are relatively small and carry a significant short-term risk. >>> the dow is continuing north of the 18,000 mark, the dow up 42.5 points the nasdaq up 8 points and s&p up about 1.5 on the day. >>> target is weighing in on gender and bathrooms. they say customers can use the restrooms that match their gender identity and not their birth certificate. officials in north carolina are under fire for preventing transgenders from doing just that. >>> today we learned another headliner for this year's musikfest and it's sure to bring a festival -- r.e.s.p.e.c.t. aretha franklin will perform on august 8th, you can see the natural woman do a soul serenade. for the ticket information they go on sale friday morning and we'll say a little prayer, you can see the 18 time gram my winner because there ain't nothing like the real

the united health care scaling back certainly won't help. >>> a down day for the markets today.he dow lost 21. the s&p 500 dropped 6. the nasdaq was off 17. >>> trump cries foul. cruz keeps piling up delegates and bernie wins again. we'll talk about all of that, in the presidential races in the panel when we come back. go ahead... leave the competition behind. lexus gs 350 and 200 turbo. there's no going back. (war drums beating) fight heartburn fast. with tums chewy delights. the mouthwatering soft chew that goes to work in seconds to conquer heartburn fast. tum tum tum tum. chewy delights. only from tums. when they thought they should westart saving for retirement.le then we asked some older people when they actually did start saving. this gap between when we should start saving and when we actually do is one of the reasons why too many of us aren't prepared for retirement. just start as early as you can. it's going to pay off in the future. if we all start saving a little more today, we'll all be better prepared tomorrow. prudential. bring your challenges. >>> what they're tr