Major insurer in Maricopa County defects from ACA exchange
PHOENIX (AP) — Metro Phoenix will be losing one of two major health insurance options in the federal marketplace.
Phoenix Health Plans CEO Matt Cowley said in a statement Friday that the company will exit the public exchange next year because of "economic challenges and underlying risks."
The decision means Cigna would be the only insurer expected to offer Affordable Care Act plans in Maricopa County.
Arizona Department of Insurance spokesman Stephen Briggs says it is too soon to say if residents will be relegated to one choice.
Read more: http://www.yourwestvalley.com/health/article_8dd74516-7195-11e6-9066-473e52825c04.html
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