Becker's Healthcare November 30, 2022
Some payers are exiting markets because of economic challenges, while others have been asked to leave by regulators. Here are 11 market exits taking effect in 2023.
- ConnectiCare, a subsidiary of EmblemHealth, is exiting the Connecticut small group health insurance market in 2023. The exit affects 20,000 members, according to the Hartford Business Journal.
- Friday Health Plans will not offer coverage on the ACA marketplaces in Texas and New Mexico for 2023. A Friday spokesperson told the Alamosa Valley Courier Texas insurance regulators asked the company to pause operations in the state following operational challenges.
- Inter Valley Health Plan will cease operations at the end of 2022. The Pomona, Calif.-based payer offered Medicare Advantage plans, and had over...