Georgia Health Law Marketplace Could Be Rocked If Blue Cross’ Parent Company Pulls Out
Anthem Inc., the parent company of Blue Cross and Blue Shield of Georgia, “is leaning toward exiting a high percentage" of regions it participates in, which could leave a vacuum of coverage for the state. Meanwhile, Iowa's insurance commissioner says no one should panic just because Wellmark has announced it won't be selling individual plans for 2018.
Georgia Health News:
Anthem Talk Of Pullout Puts A Cloud Over ACA Exchanges
Is Georgia’s health insurance exchange heading for another big insurer pullout? A research report last week indicated that the parent company of Blue Cross and Blue Shield of Georgia may be moving toward withdrawing from a large percentage of exchange markets nationally. (Miller, 4/4)
Iowa Public Radio:
Iowa Insurance Commissioner Urges Calm After Wellmark Leaves ACA Market
Iowa’s insurance commissioner is urging customers with individual health insurance policies to stay calm after Wellmark Blue Cross and Blue Shield decided to stop selling individual plans. Insurance Commissioner Doug Ommen said he is disappointed with Wellmark's decision. It affects more than 21,000 Iowans who bought individual Obamacare-compliant plans from Wellmark after the start of 2014. Those customers will have to find a new insurance plan for 2018. (Sostaric, 4/4)
And in other news on the health law —
Kaiser Health News:
‘It’s Not Like Other States’: High-Cost Alaska Sits In The Eye Of Health Reform Storm
The [GOP] bill’s failure left Obamacare intact while Republicans regroup on how to address rising insurance costs and other weaknesses with health care delivery. The issues are particularly acute in Alaska, the fourth most expensive state in the U.S., where a standard knee replacement might cost five times what it does in Seattle and pricey air ambulance rides are common in emergencies. Individual health insurance premiums here climbed almost 40 percent annually after the ACA went into effect, and high health care costs drove all but one provider, Premera Blue Cross Blue Shield, out of the market in 2017. (Aleccia, 4/5)
