September 3, 2015 by Tony Novak
Freedom Benefits announces that consumers in some states will find fewer higher benefit level health insurance plans offered in 2016 as a result of heavy claims incurred in 2014 and 2015. Highmark Health will offer fewer health insurance product choices in 2016 to the residents of Pennsylvania, Delaware and West Virginia. Blue Cross and Blue Shield of Texas will discontinue its preferred-provider-organization health insurance plans to individual consumers next year. Iowa insurance regulators will shut down CoOportunity Health in January 2016. Blue Cross and Blue Shield of New Mexico wouldn’t offer any health insurance plans through the state’s insurance exchange in 2016 after regulators rejected their 51% requested rate increase. Blue Cross and Blue Shield of North Carolina will no longer offer its broad network plans in Charlotte, Raleigh and Durham for 2016.