Blue Cross Blue Shield Pulls Out of The ACA Insurance Market in 32 Missouri and Kansas Counties
Blue Cross Blue Shield of Kansas City announced on Wednesday that it will not offer individual plans on the Affordable Care Act insurance exchanges next year The move will affect about 67,00 people across 30 counties in Missouri and two counties in Kansas“Through 2016 we have lost more than $100 million [on ACA plans],” the company’s CEO Danette Wilson said in a release. “This is unsustainable for our company.”
The company was the lone insurer offering ACA plans in 25 western Missouri counties, which means when residents there look on HealthCare.gov for insurance plans for 2018, they might not find any.
“Somebody is …