Which businesses should be the first to sign on to the Obamacare exchanges?
Posted On July 27, 2021
Share This article On Monday, a new group of health insurance carriers joined a growing list of insurers that will be participating in the Obamacare marketplaceplaces starting in March.
The carriers are Blue Cross Blue Shield, Aetna, Cigna, Humana, Independence Blue Cross, Medica, UnitedHealthcare, and UnitedHealthCare BlueCross BlueShield.
These companies all have some sort of business that uses the health insurance exchanges.
They include:CignaHealthCare, the largest health insurance company in the U.S., has been working on the exchange since last fall and is the lead sponsor of the exchanges.
Cignas chief executive officer, Mark Bertolini, said on the company’s website that his company has more than 2 million employees in the United States, and that more than 1.3 million of those employees will be in the exchanges in March, when the federal government starts accepting pre-existing conditions.
In contrast, the American Health Care Association, which is also a lead sponsor, has been lobbying for years to be part of the exchange.
Its president, Mike Gerken, is a former member of President George W. Bush’s administration.
The AHA has been pushing the Obama administration to include a health insurance option for people with preexisting conditions.
“The health insurance market is an inherently dynamic system, so the most important thing for us is that we work together as an industry and our members are able to participate in the system,” Gerken said in a statement.
“This is not the only way we can be part, but it is an important way to be.”
We are proud of the AHA’s leadership and our work to bring the ACHACA to the marketplace,” he said.
Cignas also is an industry leader in providing comprehensive health plans.
Its Blue Shield BlueShield plans are among the best in the nation, and its Blue Cross plan offers a wide range of plans.
But Aetana has also been working to build on its legacy.
It announced last month that it would be adding a full line of coverage to its BlueShield plan, starting with its most popular plan, Blue Shield Gold plans, which provide coverage in addition to the health plans they already offer.
Blue Cross BlueShield’s announcement also drew praise from Aetina’s president, Steve Smith, who said the announcement shows the industry is committed to working together.”
Aetna’s participation in the HealthCare.gov marketplace is a significant step toward delivering the most comprehensive, comprehensive, cost-effective health insurance options available to consumers in the marketplace, and we are honored to be a member of the BlueCrossBlueShield alliance, which provides affordable, comprehensive coverage to our members,” Smith said in the statement.
Cinq HealthCare, which operates the Health Savings Accounts, plans to offer a full-line of health plans on the exchanges starting in January.
Cinq is one of several large health insurers that are already participating in exchanges, but its BlueCross and BlueShield Blue plans will be the biggest ones in the markets.”
It is important to note that these plans are a key part of what will be required for consumers to be able to enroll in the individual market, and the vast majority of individuals in the country have access to these plans through the employer-sponsored health plan,” the statement said.
The other companies joining the exchanges are:American ExpressHealth, which offers a broad array of plans, including Blue Cross and Blue Shield. “
We have seen the market’s success, and Cinque is proud of its ability to build a robust health plan that is accessible and affordable,” Gerkin said in his statement.
The other companies joining the exchanges are:American ExpressHealth, which offers a broad array of plans, including Blue Cross and Blue Shield.
American Express is a subsidiary of the USAA Group, a global company with nearly 2,300 locations.
UnitedHealthcareHealth, a health insurer with more than 40,000 employees, said it was committed to the exchanges, and said it will be adding plans in March that will cover many of its members.
United Healthcare also said it had worked closely with Aetanas and Cignans leaders to make sure the company was included in the federal exchange.
“While we are still committed to participating, we will continue to be transparent with the public about our plans and our progress on the enrollment process,” United Healthcare CEO John Mullins said in an emailed statement.
“While we will not be providing comprehensive coverage in the ACA marketplace, we are excited about our potential participation,” he added.
Cirrus HealthCare said it would expand coverage to more than 3 million Americans who had been uninsured or underinsured, including many who did not have coverage before and would be able join the exchanges by the end of the year.
“I have been a supporter of the Affordable Care Act and am excited to be on the receiving end of that commitment and help drive enrollment,” said Dr. Jeffrey Zoll