IU Health Plan officials attributed the exit to “heightened financial uncertainty” created by the withdrawal of several other insurers, including UnitedHealthcare and Southeastern Indiana Health Organization.
The change affects about 27,000 enrollees. The insurer will offer individual plans off the exchange in the 62 counties it serves.
Five carriers will now offer individual plans on the exchange next year — Anthem, CareSource Indiana, Coordinated Care, Celtic Insurance and MDwise.
More articles on payer issues:
BCBS Illinois’ parent to cut 70% of IT staff, move jobs offshore
BCBS of Tennessee drops ACA plans in state’s 3 largest markets
Humana partners with Spry Labs for hackathon
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit