Anthem opts to cancel 30,000 Indiana health plans

Via the Indianapolis Star:

It’s not clear at this point how the 30,000 who find themselves looking for insurance will fare this year, said Matt Kleymeyer, Bernard Health’s market leader in Indianapolis. Some like Bridges may find themselves paying more; others may less. Some may see their networks change.

This much he knows, however, there will be more competition in the Indiana marketplace with nine carriers offering plans on the exchange and eight offering plans off exchange. Last year, there were only four carriers participating both on and off exchange, he said.

“We’re in this period of wait and see until the marketplace opens up and we’re able to better gauge the various carriers and plans,” he said. “Maybe this will get individuals to see what else is out there in the marketplace.”

Anthem’s decision is a business decision, as these plans were set to expire beyond 2015 anyway after waivers from the federal government. However, due to lack of demand to keep them, they’re dropping them now.

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