Health insurer Anthem Inc. will pull out of two more state Obamacare markets as it shrinks its participation in the law, the latest such pullout by an insurer as companies finalize their coverage offerings for next year.
Anthem will quit the Affordable Care Act’s individual insurance markets in Wisconsin and its home state of Indiana, the company said in a statement Wednesday. It blamed the volatile state of the markets, which have seen many plans come and go, as well as a lack of stability being offered by Republican lawmakers and President Donald Trump’s administration in Washington.
“Planning and pricing for ACA-compliant health plans has become increasingly difficult due to a shrinking and deteriorating individual market, as well as continual changes and uncertainty in federal operations,” the Indianapolis-based company said in the statement. Anthem said earlier this month it would pull out of Ohio’s Obamacare market for next year.
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