CareSource to automatically enroll 40k amid payer exits

Health insurer CareSource will absorb about 40,000 displaced policyholders following Aetna, UnitedHealthcare and other insurers’ exit of Affordable Care Act exchanges in Indiana and Ohio, Dayton Daily News reports.

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CMS will automatically match and reenroll affected members with health insurers remaining on the exchange to avoid coverage lapses. Displaced policyholders will be matched with comparable health plans that reflect their previous benefits and cost in their geographical regions, according to the report. 

In Ohio, 14,000 new marketplace members will be added to CareSource, and another 25,000 will be added in Indiana. Coverage will begin in 2017.  

More articles about payer issues:
Employer family plan premiums soar above $18k in 2016
ConnectiCare backtracks, stays in ACA exchange
10 questions to ask your boss about your health plan

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