Blue Cross and Blue Shield of Kansas City will not offer Obamacare plans next year in Kansas and Missouri, the company announced today.
Health insurers in Washington, D.C., Oregon, and Vermont have requested double-digit premium rate increases for Obamacare plans next year, according to state and district insurance commissioners.
Aetna, one of the nation’s largest health insurers, has announced that it will exit all Affordable Care Act exchanges in 2018 after experiencing massive losses in 2016 and 2017.
Aetna, one of the largest health care insurers in the United States, is facing profitability headwinds from participating in the Affordable Care Act exchanges and has hinted that it may exit more in 2018.
Health insurers in California are threatening higher premiums and exchange exits if Obamacare’s cost-sharing reduction payments are not made.
The chief executive officer of Minuteman Health, one of the five remaining co-ops created through Obamacare, has said that high rates are likely next year, Fierce Healthcare reported.