Scott & White Health Plan leaves ACA: 4 thoughts

The latest insurer to pull out of the health insurance exchanges is Scott & White Health Plan, WacoTibune.com reports.

Here's what you should know.

1. The insurer is part of the larger Baylor Scott & White Health. It dropped its plans citing a "higher risk than other plans."

2. More than 44,000 people in Texas will have their plans discontinued.

3. Franklin Potts, a professor at Baylor University, said the insurer's decision to leave was not surprising. "No private insurance company would want to insure anybody with a pre-existing condition," he said.

4. The U.S. Supreme Court found that the ACA cannot force insurance companies to participate in the exchanges.

More news related to collections, billing and collections:
Kentucky to have one insurance provider in 54 counties next year: 5 thoughts
Obama administration proposes rule to change risk-corridor program after payers' exits threaten ACA marketplace: 4 thoughts
Was Aetna the catalyst behind the ACA exchange departures?

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast