Nevadans living in 14 of Nevada’s 17 counties who want to purchase coverage on the state’s Obamacare exchange won’t have any insurers to choose from next year, after two insurers decided to exit the marketplace for 2018.
Anthem Blue Cross Blue Shield said Wednesday it has decided not to offer plans on the exchange in rural Nevada. The insurer cited uncertainty in “federal operations, rules and guidance, including cost-sharing reduction subsidies,” and volatility in the individual market as its reasons for leaving.
Prominence Health Plan, a smaller carrier, also announced it will leave the state entirely.
Heather Korbulic, executive director of the Silver State Health Insurance Exchange, said that as a result, more than 8,000 Nevadans will lose coverage come Jan 1.
Originally published by the Washington Examiner.