Friday, March 31, 2017

Major Health Insurance Company Says It May Pull Out of Obamacare for 2018

Via Billy


Things could get really bad for Obamacare.

According to analysts at the elite investment bank Jeffries, Anthem is likely to exit a large amount of Obamacare’s individual insurance markets for 2018.  Such a withdrawal would have devastating consequences for the program.

Anthem currently offers insurance under the Blue Cross and Blue Shield brand in 14 states and remains one of the only large companies that still offers coverage through the Affordable Care Act.

 UnitedHealth Group and Aetna already left most state exchanges, with Humana saying it plans to stop offering any individual ACA plans by 2018.

An Anthem exit would spell disaster for consumers in parts of Colorado, Kentucky, Missouri and Ohio.  These states could potentially have no insurers in the Obamacare exchanges.

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2 comments:

  1. genericviewsMarch 31, 2017 at 8:25 AM

    Wait. You mean 2700 pages of laws that force everyone to buy insurance neglected to force anyone to sell it? I'm shocked.

    ReplyDelete

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