“Today, planning and pricing for ACA-compliant health plans has become increasingly difficult due to a shrinking and deteriorating individual market, as well as continual changes and uncertainty in federal operations, rules and guidance, including cost sharing reduction subsidies and the restoration of taxes on fully insured coverage,” Anthem said Friday in a statement to Forbes. “As a result, the continued uncertainty makes it difficult for us to offer individual health plans statewide in Virginia.”
Last week, Anthem said it will also depart Nevada’s ACA exchange and pull its individual exchange products from more than half of Georgia’s counties for 2018. This follows proposed ACA exchange rollbacks in California, Indiana, Wisconsin and Ohio.
More articles on payer issues:
10 Medicare Advantage plans ranked by member satisfaction
UnitedHealth adds former GlaxoSmithKline CEO, medical school president to board
ACA’s insurance tax will increase premiums 2.6% in 2018, UnitedHealth-commissioned study finds
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