Anthem said in a statement to Bloomberg “while we are pleased that some steps have been taken to address the long-term challenges all health plans serving the individual market are facing, the individual market remains volatile.”
The payer pointed to a shrinking individual market and prolonged uncertainty surrounding federal regulations as reasons for the exits.
Anthem also decided to leave Ohio’s 2018 exchange earlier this month.
More articles on payer issues:
Insurers receive federal cost-sharing reduction payments for June
Families sue insurers for refusing to cover wilderness therapy: 6 things to know
BCBS of Illinois to offer plans on ACA exchange
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