Anthem, a long-standing participant in selling health insurance on the Affordable Care Act marketplaces in Missouri, suggested in calls with analysts last week that its participation beyond this year is uncertain.
If Anthem decides to walk, a huge swath of the state would be left without any insurance carrier on the exchange, also known as HealthCare.gov, in 2018.
Most individuals are required by law to have health insurance coverage, so Anthem’s withdrawal would create uncertainties about what individuals would do in the numerous counties left without an insurance carrier.
In 2017, a total of 244,382 Missourians bought health insurance coverage through HealthCare.gov.
During a call last week with investors, Anthem CEO Joe Swedish said the company, which covers more than 1 million people, would continue to offer plans in markets that were on a “visible path towards sustainability” which includes financial performance. Swedish did not say which markets were sustainable.
Read more: St. Louis Post-Dispatch