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re: Main Minnesota insurer leaves the ACA exchange
Posted on 9/16/14 at 5:37 pm to Lsut81
Posted on 9/16/14 at 5:37 pm to Lsut81
quote:
Why would they leave the exchange? Why not just raise prices and remain
Sometimes the middle man causes more problems than the profit is worth, if there is any profit at all. Raising prices won't ease that burden, and it's a risk whether the increased prices will actually result in more profit.
They were on the exchange to appease their state legislators, not to make money. They were already doing that, and with much less regulation.
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