What BCBS’ departure means for Tennessee: 3 takeaways

Health insurer BlueCross BlueShield of Tennessee’s exit from the state’s individual market in three of its most populous regions will leave thousands searching for health plans this open enrollment.

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Here are three takeaways about the departure.

1. Regions affected by the pullback include Nashville, Memphis and Knoxville. Thirty counties and 100,000 people with individual on and off exchange plans will be affected. 

2. The Chattanooga, Tenn.-based insurer will no longer pay insurance broker commissions for new enrollees next year, The Tennessean reports. The change is effective statewide.    

3. BCBS of Tennessee may return to the 2018 marketplace in departed areas. This is dependent on several factors, including if the individual marketplace can draw younger and healthier adults, according to the report.  

More articles about payer issues:
Feds may pick health plans for consumers affected by ACA exchange exits
Aetna alleges former marketing exec broke noncompete agreement
BCBS of Tennessee reaches record number of Medicare Advantage enrollees

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