California exchange head blasts UnitedHealth

February 03, 2016 at 10:06 AM
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Peter Lee, the executive director of Covered California, lashed out at UnitedHealth Group Inc. (NYSE:UNH) earlier this week in an interview with California Healthline.

Lee, the head of a state-based Patient Protection and Affordable Care Act (PPACA) public exchange, said UnitedHealth and other carriers are using the exchange system as a scapegoat for their own poor management skills.

The companies' attacks are "driving me bonkers," Lee said.

"Instead of saying we screwed up, they said Obamacare is the problem and we may not play any more," Lee said. "It was giving an excuse to Wall Street and throwing the Affordable Care Act under the bus."