POST Online Media Lite Edition



 

Anthem to leave Obamacare markets in Nevada, Georgia in 2018

Staff Writer |
Anthem, one of the largest health insurers in the United States, announced it will exit Affordable Care Act exchanges in Nevada and reduce its presence in them by nearly half in Georgia for 2018.

Article continues below






"Today, planning and pricing for ACA-compliant health plans has become increasingly difficult due to a shrinking and deteriorating individual market, as well as continual changes and uncertainty in federal operations, rules and guidance, including cost sharing reduction subsidies and the restoration of taxes on fully insured coverage," the company said.

The news upset Nevada Governor Brian Sandoval, who called Anthem's decision "a significant blow to the state's individual marketplace."

"I am frustrated and disappointed with Anthem's surprise and abrupt decision to leave the healthcare exchange especially during uncertain times," Sandoval said, according to the Reno Gazette-Journal.

"Residents in Washoe, Clark and Nye Counties who have purchased from the state-based exchange will still have two providers to purchase from during the next open enrollment period."


What to read next

Cigna: No merger with Anthem, we want $14.85bn. Anthem: No way
Anthem files suit against Cigna related to merger termination
Anthem to pull out of Ohio healthcare exchange in 2018