Insurance company backing out of NC plans under the ACA

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RALEIGH, N.C. (WNCT) – UnitedHealth will no longer offer individual plans on the federal exchange for North Carolina residents starting in 2017, according to a North Carolina Department of Insurance spokeswoman.

UnitedHealth was one of three insurance companies to offer plans on HealthCare.Gov for North Carolina customers this year.

In Eastern North Carolina, it only offered plans in a few counties. As it stands now, Blue Cross and Blue Shield of North Carolina will be the only insurance option for the area.

UnitedHealth is the second insurer to drop individual plans on the federal exchange in North Carolina. Humana was the first.

The company will still offer non-marketplace plans in North Carolina.

Insurance companies are expected to presenting plan updates, including rates, to the state Department of Insurance by the end of spring.

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