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 Anthem's Obamacare Exit Could Leave 300,000 Without Options

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RR Phantom

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Anthem's Obamacare Exit Could Leave 300,000 Without Options Vide
PostSubject: Anthem's Obamacare Exit Could Leave 300,000 Without Options   Anthem's Obamacare Exit Could Leave 300,000 Without Options Icon_minitimeThu Jun 08, 2017 12:47 am
Anthem Inc.’s decision to quit Ohio’s Obamacare market will leave 13,000 people without any coverage option under the program next year. That number may rise to 300,000 if the health insurer follows suit in the rest of the states where it sells.

Anthem's Obamacare Exit Could Leave 300,000 Without Options Anthem-pulls-out

Anthem, which currently oversees Affordable Care Act plans for about 1.1 million people in 14 states, is one of the largest of the multistate insurers that hasn’t pulled back sharply from selling individual plans in the ACA. In April, it said it was “assessing our market footprint in 2018,” and on Tuesday the company said it would leave Ohio.

Insurers are increasingly stepping away from the law amid financial losses on their plans, Republican threats to repeal large sections of it, and President Donald Trump’s administration’s efforts to undermine parts of the program. Trump has called the program a failure and has backed efforts to replace it, though provided few details on how.

https://www.bloomberg.com//news/articles/2017-06-07/insurer-s-obamacare-pullout-could-leave-300-000-without-options
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