Wellmark unsure of exchange participation

Wellmark Blue Cross Blue Shield is unsure whether it will participate in the Iowa health insurance exchange, Chairman John Forsyth told the Des Moines Register. Wellmark, the state's largest insurer, doesn't know what to expect from an exchange or how much it would cost to cover new members' healthcare. "If we looked and said there's a high probability of us losing a whole lot of money, would our owners want us to do that?" Forsyth said, but he added that "if we think we can break even, we'll be there." A Wellmark spokeswoman said the insurer is looking into the Iowa exchange issue and wants to participate in the new exchange's design. Article

Suggested Articles

Provider groups and health systems are clamoring for HHS to provide direct assistance to cash-strapped hospitals now.

Kaiser Permanente is offering its members free access to Livongo's mental health app myStrength to help address increased stress and anxiety.

Zocdoc has added telehealth appointments to its platform in response to the spike in demand for virtual care.