Blue Shield of California exec reaffirms commitment to marketplace — 4 things to know

San Francisco-based Blue Shield of California’s Chief Executive Paul Markovich said he remains dedicating to selling coverage on the state marketplace despite talk about a possible ACA repeal, according to Kaiser Health News.

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Here are four things to know:

1. Blue Shield of California covers almost 30 percent of the state’s marketplace enrollees.

2. With a Republican Congress, many legislators and consumer advocates question whether payers will begin exiting federal and state exchanges.

3. Mr. Markovich told KHN, “There are always risks and concerns moving from one policy framework to another, but I think an effective transition is workable. We wouldn’t be running for the hills.”

4. Blue Shield of California is increasing its exchange rates by an average of 20 percent going forward next year.

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