Times Free Press, 9-26-2016 - Tennessee's biggest health insurer is dropping its participation in
the Affordable Care Act health exchange next year in the state's three
biggest markets, cutting coverage of the 214,000 persons now enrolled in
one of the so-called ObamaCare exchange plans by more than half.
BlueCross BlueShield of Tennessee announced today that it will be
withdrawing its ACA exchange plans in 2017 in the Memphis, Nashville and
Knoxville markets to help limit its exposure to what has cost the
Chattanooga-based health insurer nearly $500 million in losses in the past three years. ... the cutbacks is where ACA individual plans will be offered will likely
require about 115,000 individuals to pick from new health insurers next
year. (link)
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