Board directors of Idaho's Affordable Care Act exchange approved five health insurers to sell 225 plans on the state’s exchange next year, the Standard Journal reports.
The exchange — Your Health Idaho — will have at least four health payers particpating in each county in 2017. In other states, insurer pullbacks may leave a third of U.S. counties with a single insurer next year.
Plan rates will be finalized by the Idaho Department of Insurance this week, according to the report. Eighty-five percent of exchange enrollees receive subsides under the ACA.
More articles about payer issues:
Months later, Cigna responds to DOJ antitrust lawsuit
4 reasons the AMA says insurer mega-mergers will harm competition
Anthem may ditch 2018 ACA exchanges, analyst says