Anthem pulls out of Obamacare market in Maine

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Insurers face rampant uncertainty on deadline day

Anthem, a major insurer, said Wednesday it will pull out of the Obamacare marketplace in Maine next year, as insurers navigate choppy waters in the wake of the GOP’s failure to pass a repeal bill and square away plans to stabilize the markets.

Affected residents will still have options on the exchange, though customers who want to re-enroll in Anthem plans will not be able to tap Obamacare’s taxpayer-funded subsidies.

The decision coincided with Wednesday’s deadline for insurers to commit to participating in the federal exchanges known as HealthCare.gov. Signups begin Nov. 1. – READ MORE

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