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Saturday, June 10, 2017

Anthem Will Exit Health Insurance Exchange in Ohio quoting : The New York Times

If Anthem were to exit the federal health insurance exchanges entirely, "there could be hundreds of thousands of people without any option on the exchange," said Cynthia Cox, an executive at the Kaiser Family Foundation. "For the past few years we have seen a weakening in the federal insurance marketplace as a number of companies have withdrawn from the exchange," the Ohio insurance agency said in an email. Besides Ohio, Anthem operates for-profit Blue Cross plans in more than a dozen states. The exit leaves insurance regulators with the prospect that some of their residents may not be offered a plan in 2018. "Because they fiddled for the last five months and injected more uncertainty into the insurance market, premiums have gone up and insurance companies have pulled out."Newsletter Sign Up Continue reading the main story Please verify you're not a robot by clicking the box.



Anthem Will Exit Health Insurance Exchange in Ohio
House Ways and Means Chairman Kevin Brady and other Republicans have said Congress should provide some way to stabilize the individual health insurance exchange markets. Republicans have long said they will need to take measures to help stabilize the individual exchanges that are suffering from several major insurer departures. (Bill Clark/CQ Roll Call File Photo)Senate Republicans are weighing a major move to help stabilize the insurance markets created by President Barack Obama's signature domestic policy achievement in their legislation to overhaul the U.S. health care system. Most of that money, lobbyists say, would be directed toward funding the law's so-called cost-sharing subsidies, which help reduce health care costs for lower income people. "In the immediate term, action must be taken to stabilize the individual insurance market and protect Americans from the consequences of Obamacare's collapse," House Ways and Means Chairman Kevin Brady of Texas said on Thursday.

Health Insurance Providers Abandon Grays Harbor and Klickitat Counties

Scattered thunderstorms developing this afternoon. Winds SSE at 5 to 10 mph. Winds light and variable. Centralia, WA (98531)TodayMixed clouds and sun this morning. Chance of rain 50%..TonightPartly cloudy.


collected by :Lucy William

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