Anthem considers exiting more ACA exchanges

Indianapolis-based Anthem is contemplating its 2018 participation in some states' ACA marketplaces as filing deadlines approach later this month, according to a Chicago Tribune report.

Anthem CEO Joseph Swedish told investors at the Morgan Stanley Global Healthcare Conference in New York City Tuesday the insurer is working to position itself "appropriately."

"There are due dates that are still in play with respect to being able to make an announcement, so we're going to reserve any further statement about whether we're in [or] out of various states until those due dates pass," Mr. Swedish said.

The insurer previously declared full or partial exits from nine of the 14 states it sold exchange plans in this year. As of June 30, Anthem covered 1 million policyholders through products sold on the exchanges, the report states. 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Top 40 articles from the past 6 months