Anthem, MDwise Marketplace pulling out of Indiana's Obamacare exchange for 2018

Henrietta Strickland
June 23, 2017

According to the Milwaukee Journal Sentinel, Anthem's withdrawal from the market follows United Healthcare's decision to pull out a year ago.

"Before the Affordable Care Act (ACA) Ohio had a very competitive health insurance market", Ohio's Insurance Department said.

Representatives from Indianapolis-based Anthem say the company will stop offering plans on the exchanges.

Big health insurer Anthem - which already had announced plans to effectively depart Ohio's Obamacare market in 2018 - said Wednesday it will nearly completely leave Affordable Care Act markets in Wisconsin and in in 2018.

"Growing uncertainty in the health insurance market was created by Obamacare's costly regulations and it is causing higher premiums and a lack of options". Celtic/Ambetter's average premium for this year was the lowest among the four insurers that sold policies in IN through the federal exchange.

"Today's news again confirms the sad reality that our country's healthcare system is in desperate need of fix as today only two insurance carriers remain to offer healthcare coverage on the Indiana exchange in 2018, stripping 77,000 Hoosiers of their preferred healthcare coverage and doctors", Rep. Susan Brooks, R-Indiana, said in a statement.

Several other insurers, including UnitedHealthcare and Humana, already have stopped selling health insurance directly to individuals in Wisconsin. Anthem stated that its decision will not affect employer health plans, Medicare Advantage plans, or Medicaid plans.

A shrinking and deteriorating individual market has made it increasingly hard to price health insurance plans, Anthem spokesman Jeff Blunt said in a statement.

"Assuming other insurers in IN and Wisconsin stick around, there will still be at least one insurer in all counties in these states", Levitt said. "Despite the rhetoric of Obamacare's supporters, we must act now to repeal this failed law and rescue Indiana's consumers". It plans to drop Obamacare plans in Virginia in 2018.

"When MDwise entered the Marketplace Exchange in 2014, it did so to provide continuity to its Medicaid members who no longer qualify for Medicaid and are looking to purchase coverage on the Marketplace Exchange".

"They would be given an option through the Affordable Care Act plans to choose another carrier, and I would encourage people to seek out people they can trust, insurance agents in the Tri-State area that they can see and talk to face to face", said Priest. However, Molina yesterday said that it plans to stay in the nine state exchanges where it now operates.

Other reports by Click Lancashire

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