Author Topic: Virginia's Largest Health Insurer Drops Out of Obamacare Individual Market For 2018  (Read 122 times)

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Offline Right_in_Virginia

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Virginia's Largest Health Insurer Drops Out of Obamacare Individual Market For 2018
Townhall, Aug 11, 2017, Katie Pavlich

Just weeks before the 2018 Obamacare open enrollment period is set to begin, Virginia's largest health insurer has pulled of the individual marketplace.

Anthem is leaving the system, citing overwhelming costs and unstable markets. More from Forbes:
Quote
“Today, planning and pricing for ACA-compliant health plans has become increasingly difficult due to a shrinking and deteriorating Individual market, as well as continual changes and uncertainty in federal operations, rules and guidance, including cost sharing reduction subsidies and the restoration of taxes on fully insured coverage,” Anthem said in a statement Friday afternoon.  “As a result, the continued uncertainty makes it difficult for us to offer Individual health plans statewide in Virginia.”

Effective in January of 2018, Anthem said it will "not participate on the individual exchange in Virginia and will reduce its plan offering and will only offer off-exchange plans in Washington and Scott Counties and the city of Bristol, VA."


More:  https://townhall.com/tipsheet/katiepavlich/2017/08/11/virginias-largest-health-insurer-drops-out-of-obamacare-exchange-for-2018-n2367548
"January 20th 2017 will be remembered as the day the people became the rulers of this nation again."  --  President Donald J. Trump

Online Smokin Joe

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If you like your doctor....


Another large group of people lose their insurance thanks to the ACA.
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Offline Hondo69

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If you like Big Government, you can keep Big Government.  Otherwise move overseas.


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