Wednesday, June 21, 2017

Cigna exits Maryland's individual health insurance marketplace

Cigna Corp. has pulled out of the Maryland health exchange, becoming the latest insurer to exit amid pressure on the individual marketplace. In a filing with the state last month, Cigna requested an average rate increase of 37 percent for its individual market insurance. But the Maryland Insurance Administration on Wednesday confirmed Cigna withdrew its application for rate increases and wouldn’t return to the marketplace in 2018. Cigna could not be reached for comment on Wednesday. Cigna becomes…



from http://www.bizjournals.com/baltimore/news/2017/06/21/cigna-exits-marylands-individual-health.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/162089962832

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