North Carolinians will know in the next two weeks whether they will have only one company offering insurance through the Affordable Care Act’s online marketplace – or none.
Brad Wilson, CEO of Blue Cross and Blue Shield of North Carolina, said Friday that his company will decide this month whether to continue participating in the marketplace now that its major competitors, UnitedHealthcare and Aetna, have pulled out.
If Blue Cross should drop out too, that would mean 600,000 to 700,000 North Carolinians, who have insurance through the marketplace now, would have almost no options.
“It’s clear something’s wrong. Something’s not working right,” said Wilson, speaking to business leaders at the Hood Hargett Breakfast Club at Carmel Country Club.
The uninsured will “continue to need and to get health care services. (But) nothing is free,” he said. “Uncompensated care is paid for somehow, some way. It will show up in health care premiums ultimately.” Continue reading the Charlotte Observer....
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