By Lew K. Cohn
Managing Editor
The Highlander
Scott & White Health Plan (SWHP) will pull out of the federal health care marketplace in 2017, the health insurer announced Wednesday, Aug. 17.
The Temple-based company announced it would continue to offer selected bronze off-marketplace HMO individual and family plans, and that the Insurance Company of Scott and White (ICSW) will offer selected bronze off-marketplace PPO plans.
However, neither SWHP or ICSW will offer gold, silver and selected bronze benefit marketplace plans in what is commonly referred to as “Obamacare.”
“At Scott and White Health Plan, we are committed to supporting the Affordable Care Act by offering affordable medical insurance to consumers in North and Central Texas. However, the market for our individual marketplace plans carries higher risk than other plans,” the company said Wednesday in its announcement.
