Here’s what you should know.
1. The insurer will end coverage for certain individual plans. It will continue its Medicare supplement and group plans.
2. The company cited “serious issues” with the law which are increasing cost and decreasing competition. The insurer lost $140 million on individual policies since they began selling on the marketplace. In 2015, it lost $64 million.
3. The individual plans will be offered through a licensed agent, or on the insurer’s website.
4. The company said a return to the marketplace in 2018 is possible.
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