Jefferies analysts David Styblo and David Windley recorded the observation in a research note Thursday after a meeting with Anthem leadership. The insurer previously said it was planning a “surgical extraction” of its ACA exchange offerings throughout the 14 states it operates on-exchange polices this year.
An Anthem pullback would unsettle an already challenged individual health insurance market, as the insurer covers about 839,000 policyholders through plans sold on the exchanges, The Washington Post reports.
Anthem said in a statement to Reuters it will “continue to actively pursue policy changes that will help with market stabilization and achieve the common goal of making quality healthcare more affordable and accessible for all.” However, Anthem’s management also said regulatory advocacy needs to progress significantly in a “month or so,” according to the Jefferies analysts noted.
More articles on payer issues:
CHI Health joins BCBS of Nebraska’s Medicare network
Kansas, other states pursue Medicaid expansion following AHCA withdrawal
Highmark names Dr. Charles DeShazer CMO
