Monday, August 07, 2017

A key state's Obamacare markets are facing a nightmare scenario

The Business Insider reports:
Nevada's Division of Insurance said Monday that Anthem, the largest provider of Blue Cross Blue Shield plans in the country, would pull out of the state's 2018 individual insurance exchanges under the Affordable Care Act.

Anthem will no longer offer plans in the three counties in which it was planning to participate next year. The insurer had already announced in July plans to exit 14 rural counties in Nevada.

The newest round of departures in Clark, Washoe, and Nye counties will not leave additional Nevadans without an option on the Obamacare exchange for 2018. (The earlier exits have left those 14 counties with no options on the Obamacare marketplace next year.)
The great moments of ObamaCare.