UnitedHealthcare dropping out of New Jersey as well.
2018 MIDTERM ELECTION
Time: D H M S
UnitedHealth Group is pulling out of New Jersey’s Obamacare marketplace in 2017.
The company’s subsidiary, Oxford Health Plans, will stop offering individual plans on the state’s federally facilitated health insurance marketplace, according to a letter from the state Department of Banking and Insurance.
The letter was obtained by POLITICO through an Open Public Records Act request and the company later confirmed it will not offer exchange plans next year.
“Individuals impacted by these decisions will continue to have access to their current health benefits until the end of 2016, when they will need to pick new plans for 2017. Our small and large group business, Medicare and Medicaid businesses will not be impacted by this decision,” the company said in an emailed statement.
...Oxford had a relatively small footprint on New Jersey’s exchange with 8,259 members enrolled at the end of the fourth quarter 2015, or 4.4 percent of the state total. By comparison, Horizon Blue Cross Blue Shield of New Jersey, the insurer with the biggest share of business in the imarketplace, had 56.1 percent of the total.
For what it's worth, reverse calculating that number means that as of Q4 2015, New Jersey had around 187,700 exchange enrollees total, with Horizon BCBS holding 105,300 of that.
As an aside, tracking down New Jersey's individual market rate filings will be tricky since their SERFF database doesn't offer individual Major Medical listings as an option at all (Group listings are available). I can't find the individual market filings anywhere on the DOI website either. Anyone? Anyone? Bueller?