by Jim O'Connell
The nation’s largest health insurance company, Minnesota-based UnitedHealth Group, announced Thursday that huge losses in its Affordable Care Act health plans would prompt the company to evaluate their “viability” for 2017. - See more at: http://www.ceridian.com/resources/blogs/human-resources-legislation-blog/unitedhealth-could-exit-aca-exchanges-in-2017.html#sthash.2s1pWiZ0.dpuf
Including $275 million in advanced recognition of losses for 2016, the company said it expected total 2015 operating losses for its ACA exchange plans at $700 million. “We cannot sustain these losses,” said Mr. Hemsley, “We can’t subsidize a market that doesn’t appear at this point to be sustaining itself.” Read more.
In their recent Technology Value Matrix for the first half of 2015, Nucleus Research places Ceridian and our Dayforce HCM application strongly in the Leadership quadrant - and top in usability. Nucleus indicates the certain factors as contributors to Ceridian’s rapid rise and increasing strength in cloud human capital management.
Read the entire analysis of Nucleus for more information about how Ceridian and Dayforce HCM lead the technology value matrix in 2015.