Additionally, Health Tradition will not offer plans under the ACA’s Small Business Health Options Program next year, which provided small group health plans that helped employers subsidize or pay for worker’s premiums.
According to a statement released by the insurer, the reason for pulling out of the marketplace is largely due to the financial risk and uncertainty regarding the ACA’s future.
Health Tradition Health Plan will continue providing commercial insurance.
More articles on payer issues:
Children’s Minnesota out of network with BCBS; 66k policyholders affected by contract dispute
11 payer-provider contract disputes, resolutions in June
Why Geisinger stays in the ACA exchanges, Aetna and Medtronic team up & more — 13 payer key notes
