- Humana has indicated it will stop selling individual insurance products in at least four states, the Milwaukee Business Journal reported.
- The insuance giant informed regulators in Alabama, Kansas, Wisconsin, and Virginia of the change which will be effective Dec. 31.
- Speculation remains around whether Humana will leave any additional states as well.
Humana's move impac ts plans both on and off the exchanges in Alabama, and off-exchange in Kansas, Wisconsin and Virginia, reports ACAsignups.net, which additionally suggests Nevada could be next. The move is small, however, in comparison to UnitedHealth's recent mass departure from individual plans in 26 states.
The insurer currently only operates in 15 ACA state markets.
Humana sent a letter to each of the four states that said the decision followed "much careful thought and analysis" and that current enrollees could "explore other non-Humana policy options," including those sold through the ACA exchanges.
"We do not take these changes lightly," Humana senior vice president of corporate communications Tom Noland told the Milwaukee Business Journal. "We remain focused on our members’ experience. We are striving to avoid unnecessary coverage disruption wherever possible."