Blue Cross Blue Shield move leaves major medical hole in Columbus
The
In an agreement with the
"For more than seven decades,
"A stable insurance market is dependent on products that create value for consumers through the broad spreading of risk and a known set of conditions upon which rates can be developed," the company said. "We are pleased that some steps have been taken to address the long-term challenges all health plans serving the individual market are facing. However, the continued uncertainty makes it difficult for us to offer Individual health plans statewide. BCBSGa will remain focused on developments in the Individual marketplace and will continue to advocate for solutions that will stabilize the market and allow us to once again, offer individual insurance coverage throughout the state of
Diamond said the company will be losing less than 5 percent of its total membership, or customers, in
The development comes with Republican and Democrat congressional leaders in
"The average person probably will not be able to afford off the exchange because you're not entitled to any subsidies," he said.
A quick online check of non-exchange, market-rate quotes for male and female spouses 50 years of age found
As it now stands,
"That will probably be the only option," he said. "The bad part of it, though, is the networks remain the same. A hospital like
A likely scenario is that Ambetter will negotiate new terms with
Diamond said those policyholders whose coverage is being discontinued, including those in
"It will inform them that they are covered -- I want to stress this -- they are covered through the end of the year," she said. "But they'll have to look at the exchange for who is going to cover
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