Gov. Brian Sandoval miffed with Anthem leaving Nevada

Anthem exits more Obamacare markets

Healthcare insurer Anthem Inc. Anthem suggested in a statement that a deteriorating marketplace and uncertainty regarding the future of Obamacare fueled their exit from the state exchange.

The major insurer, which now offers Blue Cross Blue Shield plans on 14 states' exchanges, cited the continued volatility of the individual marketplaces as the reason for its decision. It is meant to be used by people who do not get insurance through their employer or another government program.

One of the nation's largest health insurers, Anthem (ANTM), announced on Monday it would not offer plans through the ObamaCare exchanges in Nevada next year.

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Anthem's decision to exit Nevada's exchanges comes after uncertainty over the continuation of funding for cost-sharing reduction subsidies, or reimbursements to insurers for discounted care provided to low income individuals, caused the insurer to warn late last month of reduced participation in 2018. Missouri, Ohio and Washington state also have several largely rural counties where no insurance company will participate in the marketplace in 2018. SilverSummit Healthplan will make its debut, while Health Plan of Nevada is proposing average rate increases of 26.1 percent.

She said Anthem "has made a decision to break its commitment to Nevada, leaving thousands of Nevadans with disrupted health care services".

"Currently for 2018, at least 13,008 Americans now enrolled for health coverage on the exchanges live in the counties projected to be without coverage in 2018", the agency said.

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