June 7, 2017

Thanks to Trump, Ohio loses health insurance

CNBC - Health insurer Anthem said Tuesday it will effectively exit its Obamacare individual plan business in Ohio, leaving potentially 18 counties in the Buckeye State with no insurer selling plans in 2018.

Anthem, which sells Obamacare plans in 14 states this year, left open the door to dropping out of other states next year.

The company, in explaining what it called "a difficult decision," pointed to continued "volatility" in the individual health plan market, as well as to uncertainty about whether President Donald Trump and the Republican-controlled Congress will continue paying insurers reimbursements for key Obamacare subsidies that reduce low-income customers' out-of-pocket health costs.

No comments: