Virginia health insurance to lose Anthem next year

portsmouth virginia health insurance commissioner

The insurer announced it will officially leave the state’s exchange for the 2018 marketplace. Anthem recently announced its intentions to step out of the Virginia health insurance marketplace for 2018. Moreover, it has also revealed that it will be reducing the number of health plans it sells in Bristol, as well as Washington and Scott counties. The withdrawal from the insurance exchange occurred after Republicans failed to repeal the Affordable Care Act. This news was also made on the heels of President Trump’s threat to slash healthcare subsidy payments which…

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Anthem health insurance plans leaving Ohio exchange in 2018

columbus ohio anthem health insurance

The insurer announced that it will not participate in the state’s ACA marketplace next year. One of the largest insurers in the United States, Anthem health insurance, announced its intention to exit the Ohio ACA exchange next year. While the company is large, very few people will be affected by the departure. Only about 10,500 Ohioans have health plans with Anthem, residing in only one fifth of the state’s counties. While the Anthem health insurance exit from the exchange is a small one when all is said and done, it…

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Aetna health insurance withdrawing from ACA exchanges next year

Aetna Health Insurance bubble burst ACA

The company has announced its departure from all marketplaces across the country in 2018. A number of large insurers have stepped out of certain specific marketplaces, but Aetna health insurance is backing out of the entire country. The health insurance company had already withdrawn from certain states, but this move is nationwide. Aetna health insurance will be taking on a complete removal from the Affordable Care Act’s marketplaces next year. It recently announced its decision as a result of ongoing financial losses. The insurer also cited uncertainty as to the…

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Will 1.4 million people lose their health insurance plans in 2017?

health insurance plans

As insurers withdraw from many exchanges, many Americans may find themselves scrambling for new coverage. A new study revealed that the impact of insurers stepping out of the Obamacare marketplaces could leave many Americans without health insurance plans. In fact, as many as 1.4 million people could lose their coverage and have to replace it by 2017. The states expected to be affected the most by insurance company withdrawal are North Carolina and Florida. Over the last few months, a rash of large health insurance companies have stepped out of…

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Kentucky insurance exchange loses another health insurer

Kentucky insurance exchange health insurers

Baptist Health Plan has announced that it will no longer be selling its policies in the state in 2017. Baptist Health Plan has announced that it will be leaving the Kentucky insurance exchange next year. This will mean that approximately 7,000 people across the state will need to find new coverage for 2017. The health insurance company is the fourth largest in the state and notified officials of its decision via letter. The president of the insurance company, James S. Fritz, shared the reason for leaving the Kentucky insurance exchange…

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