News and Commentary

The Exodus Begins: Another Giant Health Insurer To Bail On Obamacare

Joseph Curl

Anthem, one of the largest health insurers in the nation, has announced that it will no longer offer plans through the exchanges of the Affordable Care Act — aka Obamacare — in Nevada beginning next year.

“Planning and pricing for ACA-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 in a statement Monday.

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