Cigna Drops Out Of Maryland Healthcare Exchange

From WBAL Baltimore:  Cigna is out of the Healthcare Marketplace business, and other insurers are asking for up to a 60% rate increase, citing .  Other insurers are asking for rate increases of up to 60%

In a letter sent to Gov. Larry Hogan, Cigna announced it is exiting Maryland’s individual marketplace in 2018, writing, “Individual solutions have performed poorly since we have participated on the exchange, and our losses continue to increase year over year in Maryland.”

Read the full story from WBAL HERE