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Anthem to leave Ohio’s Obamacare insurance market in 2018

 In 2018, ACA, Cost-Sharing, GOP, Market Stabilization, Obamacare

From Reuters:

Anthem Inc, which has urged Republican lawmakers to commit to paying government subsidies for the Obamacare individual health insurance system, on Tuesday announced it would exit most of the Ohio market next year.

The high-profile health insurer, which sells Blue Cross Blue Shield plans in 14 states including New York and California, for months has said that uncertainty over the payments used to make insurance more affordable could cause it to exit markets next year.

This is likely the first of several such departures from ACA markets. Let’s get this straight: this is NOT the fault of the ACA or President Obama. This is solely to the fault of Congressional Republicans, who have blocked or stalled agreed-upon payments to health insurers designed to smooth out and stabilize the markets for individual health insurance.

http://www.reuters.com/article/us-anthem-ohio-idUSKBN18X29C

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