Anthem Blue Cross Won’t Join California’s Small Business Exchange
The move by California's largest insurer for small businesses raised concerns about the state's ability to offer competitive rates. Meanwhile, Humana will step in to fill a potential insurance void in Mississippi, offering coverage in 36 counties where no other plans had been slated to be sold.
Los Angeles Times: Anthem Blue Cross Shuns Insurance Market For Small Businesses
Health insurance giant Anthem Blue Cross is spurning California's new insurance market for small businesses, a potential setback in the state's rollout of the federal health care law. Anthem, a unit of WellPoint Inc., is California's largest insurer for small employers. The company's surprising move raised concerns about the state's ability to offer competitive rates and attract businesses to its new Covered California exchange that opens Jan. 1 (Terhune, 7/19).
Kaiser Health News: Capsules: Humana Fills Blank Spots In Mississippi Obamacare Map
Filling a potential coverage void, Humana Inc. said Friday it will sell health insurance in 36 Mississippi counties that might have otherwise been left out of a marketplace for subsidized policies sold under the Affordable Care Act (Hancock, 7/19).