Blue Cross and Blue Shield of Minnesota will reduce its role in the state’s Affordable Care Act insurance exchange next year after losing nearly $300 million in the individual market in 2015.
The company will push people toward its narrower HMO option — — Blue Plus — according to the (Minneapolis) Star Tribune.
Plans with more limited provider networks usually offer cheaper monthly premiums but they have also created some confusion for members unfamiliar with the insurance, including the surprise of how smaller their choices of providers can become.
Actions like the Minnesota Blues’ are being seen around America.
To read the Star-Tribune’s article, please hit this link.
