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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Insurance news could be rough for 250,000 people in Virginia
Many people may find that their health plans will be cancelled due to lack of compliance with federal regulations. After having been given a year in which to find coverage that will comply with the regulations of the Affordable Care Act (ACA), the insurance news is looking rocky for up to 250,000 people in Virginia who still have yet to obtain new health plans that will comply with the law. The affected policyholders were given the chance to renew their old plans late in 2014, but that was a temporary…
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