Insurer Expected to Get Bigger With Exchange

Alaska's largest health insurance expects to get bigger when the federally run health insurance exchange begins offering plans in the state.

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by Associated Press

ANCHORAGE- Alaska's largest health insurance expects to get bigger when the federally run health insurance exchange begins offering plans in the state.
Premera Blue Cross Blue Shield, one of two companies that will offer plans on the exchange, expects thousands more customers in Alaska. But that growth comes with uncertainty.
Jeff Davis, president of Premera Blue Cross Blue Shield of Alaska, says the number of individual customers the company has in Alaska could double by the end of next year. But he says Premera could lose a lot of money in 2014 due to the uncertainty of who comes in, when.
For the first time, insurers won't be able to exclude customers with pre-existing conditions. Davis thinks the first people to sign up will have significant health problems.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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