Health insurance carriers are leaving ACA. Now what?

September 29, 2016

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Lead Copywriter

You’ve probably seen the news about health insurance carriers dropping out of the Affordable Care Act exchange in different states, and you’re probably wondering what that means for you.

Here is a recap.

Of the four major carriers, these are the states they WILL be in for 2017 open enrollment (this info is subject to change).

Aetna: Delaware, Iowa, Nebraska, Pennsylvania and Virginia

UnitedHealthCare: Nevada, Virginia, Alabama, & New York

Humana: Tennessee, Mississippi, Texas, Louisiana, Missouri, Illinois, Michigan, Ohio, Kentucky, Alabama, Georgia & Florida

BlueCross BlueShield: Texas, California, New Mexico, some of Arizona, Idaho, Montana, North Dakota, Kansas, Oklahoma, Louisiana, Arkansas, Missouri, Minnesota, Michigan, Tennessee, Alabama, Georgia, Florida, South Carolina, North Carolina, Virginia, West Virginia, New Hampshire, Vermont, Massachusetts & Rhode Island

So what does this mean for you?

Well, if you don’t see your state listed, don’t worry quite yet; there could be smaller carriers available in your state’s exchange. A carrier not being on an exchange also doesn’t mean they won’t be available in the state. You just won’t be eligible for Affordable Care Act subsidies.

If you do see your state, know that your plan will probably be affected by a rate increase, and it may or may not be on the state exchange (meaning it’s available in the state, but you aren’t eligible for subsidies). Even though your plan may be subject to a rate increase, plan prices are the same no matter where they’re sold.

During open enrollment–November 1st, 2016 to January 31st, 2017–you can change your plan if you need something that better fits your needs or budget. And we can help.