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Anthem to leave Obamacare exchange in Virginia

Optima Health, however, plans to offer coverage in all of those counties and has asked for rate increases of 19.3 percent for next year .

The Trump administration has not said what it will do about insurer payments that it has been issuing under the law, and the president has threatened to cut the funding off as a way to bring lawmakers together to devise a healthcare plan.

On Thursday, the Department of Health and Human Services issued a memo saying it would give insurers more time to file premium rate requests , but that it did not have additional information about whether the payments would be made.

"Today, planning and pricing for [Obamacare]-compliant health plans has become increasingly difficult due to a shrinking and deteriorating individual market, as well as continual changes and uncertainty in federal operations, rules and guidance, including cost-sharing reduction subsidies and the restoration of taxes on fully insured coverage," Anthem said Friday.

"As a result, the continued uncertainty makes it difficult for us to offer individual health plans statewide in Virginia."

READ MORE (Washington Examiner)

  • Anthem to leave Virginia's Obamacare marketplace next yearWashington Post
  • Anthem to Leave Virginia Health Insurance Marketplace in 2018Fortune
  • Anthem pulls out of Virginia Obamacare market, citing volatility and uncertaintyCNBC
  • Anthem pulls out of Virginia's Obamacare exchangeWSYR
  • Anthem drops out of state MarketplaceDaily Press
  • Anthem, state's largest health insurer, drops out of Virginia's Individual ...The Daily Progress
  • Anthem becomes third insurer to exit Virginia's health care
  • Anthem to stop selling individual plans in much of VirginiaNews & Observer
  • Our View: Bad news for VirginiansThe Winchester Star

This post first appeared on The 5th News, please read the originial post: here

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Anthem to leave Obamacare exchange in Virginia


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