The health insurance company said Friday that it wanted to sell Obamacare policies in
"After hearing from state officials, providers and beneficiaries about the importance of our plan to
"We look forward to continuing to partner with the [Insurance] Department and the exchange to continue to meet this promise and to address the broader policy issues ... that affect the sustainability of the health insurance market place," Wise said.
State officials welcomed the change of heart by
"We are very happy to hear that
The state's insurance exchange is the only place to buy individual plans and qualify for a subsidy under Obamacare. More than 75 percent of exchange customers receive a subsidy.
On the Obamacare exchange, Anthem has the largest share. It has about 56,700 customers in the individual market. Anthem, which had requested a 26.8 increase on average, has been granted a 22.4 percent increase on average. However, for its three silver plans, its increases will be lower -- between 16.5 percent and 19.2 percent.
The federal government says that the population covered by
The company said it is looking forward to support from the state exchange to reform the rules around those transfers. Malloy already sent a letter to the federal regulators saying that the rule needs to change for the health of the system.
Both Anthem and
In the documents that Anthem submitted to
The other problem the companies face on the exchange that is unique to that group is that the Obamacare law grants a 30-day grace period of coverage after a customer stops paying premiums. In 2015, 21 percent of Anthem's Obamacare customers didn't pay in December, getting all that month's services for free.
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