Humana pulls out of Alabama, leaving one insurer on Obamacare exchange
Matt BosterViewed: 5171
Posted by: Matt Boster
Date: May 06 2016 3:06 PM
Humana Inc. is dropping all its Alabama plans from the health insurance exchange set up under Obamacare, leaving the state with just one remaining company, Blue Cross Blue Shield of Alabama.
Humana is also leaving the exchange in Virginia, according to news reports.
The announcement by Human comes just weeks after UnitedHealth Group announced it would be dropping plans in most states, including Alabama. Now that both companies have dropped out of the exchange, only Blue Cross Blue Shield of Alabama remains on the marketplace.
Humana played a small role in Alabama's health insurance market. The company only offered plans in a handful of counties, said Mark Fowler, chief of staff of the Alabama Department of Insurance.
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