Three health insurers are likely to start selling coverage through the Illinois public health insurance exchange for the first time in 2015.
Illinois – a state that helps the U.S. Department of Health and Human Services (HHS) run its exchange through a partnership arrangement – has not yet released information about its 2015 exchange plan menu. Peter Frost reports in the Chicago Tribune that representatives for UnitedHealth (NYSE:UNH) and Assurant (NYSE:AIZ) say the companies want to sell coverage through the Illinois exchange next year. A third carrier, Centene (NYSE:CNC), will team up with hospitals to sell exchange coverage under the IlliniCare Health brand.
This year, Frost writes, Blue Cross and Blue Shield of Illinois, a unit of Health Care Service Corp., is covering about 200,000 of the 217,492 people who bought 2014 qualified health plan (QHP) coverage through the Illinois exchange.