Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
This may be a stupid question, but do ALL insurance companies HAVE TO participate in the exchanges, or can they opt out? For example I didn't see UHC in the list of companies in the list.
TJ
No they do not have to, and some are sitting out at least the first year. The question I can't resolve is, can they legally offer a product that does not conform to the ACA. If they did, say a 10k deductible and it was cheap enough, I would consider buying that and paying the mandatory fine. In other words, companies can sell their health insurance "off exchange", but can they sell anything off exchange and not compliant? I imagine the answer is no though.