Bright Health bailing on ACA in all states

[Yagents]

“With this announcement, in addition to the previously announced market exits, Bright HealthCare will not offer Individual and Family health plans in Alabama, Arizona, Colorado, Florida, Georgia, Nebraska, North Carolina, Texas, and Tennessee after 2022,” the company said.

[EXTERNAL LINK] - Bright Health Pulling Insurance Plans Including Obamacare From Nine States

[EXTERNAL LINK] - Important Notice Regarding Bright HealthCare Plans in 2023

 

[STIBROKER]

 

[InsuranceGuy29]

Next time people think insurance should be "free," just show them this. Your healthcare costs REAL money, folks....and a LOT of it. Money doesn't grow on trees, and some insurance companies do go belly-up bankrupt, sometimes.

 

[JAM54]

InsuranceGuy29 -- who are you preaching to? BHG isn't going "belly-up" because their insurance didn't cost enough. Poor company management is to blame here. Burning through $12 billion in a year is just stupid.

 

[Chazm]

InsuranceGuy29 -- who are you preaching to? BHG isn't going "belly-up" because their insurance didn't cost enough. Poor company management is to blame here. Burning through $12 billion in a year is just stupid.

I wouldn’t say they’re belly up. They still offer MAPD plans. And they are crazy good in Fl next year.