Wisconsin: Arise / WPS drop off exchange
2018 MIDTERM ELECTION
Time: D H M S
Arise Health Plan, a subsidiary of WPS Health Solutions, said Thursday that it will not sell health plans on the marketplaces set up through the Affordable Care Act next year, becoming the latest company to abandon the market.
Arise and WPS Health Insurance also will sell only high-deductible health plans for individuals and their families off the marketplace, and those plans will be available only in a limited number of counties.
...For now, the marketplace for Milwaukee County next year will have four companies offering health plans: Molina Healthcare; Network Health Plan, owned by Ascension Wisconsin and Froedtert Health; Common Ground Healthcare Cooperative; and Children’s Community Health Plan.
Waukesha County tentatively will have those companies as well as Anthem Blue Cross and Blue Shield in Wisconsin and Dean Health Plan.
...Arise Health Plan has a relatively small share of the market in southeastern Wisconsin.
I never knew what Arise/WPS's market share in Wisconsin was in the first place, so I have no idea how much this impacts the average weighted rate hikes for the state. However, the fact that they're described as having a "small share" of the market limited to southeastern Wisconsin suggests that it's perhaps 10,000 people or so (WI's ACA exchange enrollment was around 224K as of March).