Wellmark Will Not Join Federal Exchange in 2015

Des Moines, Iowa-based Wellmark Blue Cross and Blue Shield has announced it will not participate in the federal marketplace in 2015.

Wellmark chose not to participate in the federal marketplace in 2014, and the company still sold more Patient Protection and Affordable Care Act compliant health plans than any other carrier in Iowa.

"Every company determines where to sell their products and we made this decision considering a number of variables," said Laura Jackson, executive vice president of healthcare innovation and business development at Wellmark, in a news release. "Wellmark will continue to offer health insurance through existing channels — licensed agents or direct from Wellmark — with plans to participate in the public exchange in 2016."

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