Anthem Will Stop Offering ACA Exchange Plans in Wisconsin, Indiana
- Author: Zachary Reyes Jun 21, 2017,
Jun 21, 2017, 23:48
Anthem said Wednesday it will offer just one individual health plan outside of the HealthCare.gov Obamacare marketplace in a single county in Wisconsin, and one such plan also sold outside of that federally run marketplace in five in counties.
MDwise also elected to not participate in the heath exchange starting in 2018.
Insurance carrier Anthem Blue Cross Blue Shield announced Wednesday it will no longer offer plans on the federal health care exchange in Wisconsin, blaming a "volatile" market. Anthem has also left the marketplaces in OH and Wisconsin.
In all, 12 health insurers submitted coverage plans and proposed premiums for individuals and small groups to the Division of Insurance for review by Monday's deadline.
The company said it will keep offering plans outside the exchanges in those states, but will stop offering Obamacare plans in 2018, The Wall Street Journal reports.
Current projections for the 2018 Obamacare exchanges expect at least 47 counties will have no insurance provider to choose from in the marketplace. This decision does not affect the vast majority of the 4 million members Anthem Blue Cross and Blue Shield serves in Indiana.
MDwise said the decision was influenced by "the growing uncertainty over the future of the federally subsidized exchange".
Right after Anthem's announcement, MDwise Marketplace announced it was leaving to focus on Medicaid-managed business. Care is delivered to MDwise's Medicaid members through partnerships with eight leading healthcare delivery systems. Those who have employer-provided insurance, Medicare Advantage, Medicare Supplement, Medicaid or those enrolled in plans purchased before March 2010.
Anthem says as the marketplaces continues to evolve, they will continue to partner with the State of IN to advocate for solutions.