The CareFirst BlueCross BlueShield subsidiary Group Hospitalization and Medical Services will no longer sell bronze level plans on the Virginia marketplace in 2017, according to Kaiser Health News.
Here are four takeaways:
1. Those consumers on the discontinued plan will be shifted to silver plans.
2. Compared to sliver plans paying about 70 percent of benefits, bronze plans only pay 60 percent of benefits.
3. About 23 percent of consumers enrolled in bronze plans during 2016 open enrollment.
4. Analysts predict other payers may follow suit and discontinue bronze plans, as they often enroll healthier people. Payers don't want to pay in the risk adjustment program landscape.