LePage: Anthem Leaving Maine ACA Market Because 'They Can't Make Money'
Maine Gov. Paul LePage told reporters Thursday morning that Anthem's decision to drop out of Maine's ACA marketplace next year has nothing to do with anything President Trump has done. Instead, LePage blamed the Affordable Care Act itself.
"They are dying in the individual market - they can't make money," LePage said Thursday, at a conference in Falmouth on natural gas.
Anthem said Wednesday that it's become increasingly hard to plan and price ACA-compliant health care plans, in part because it's not clear whether the federal government will continue to subsidize premiums for lower-income people.
If the Trump administration were to stop those payments - as it has said it may do - insurance companies would either have to pick up the costs, or pass them along to people who buy insurance.
Anthem's withdrawal leaves just two providers offering policies in Maine in 2018: Harvard Pilgrim, and Community Health Options.
This story was originally published Sept. 28, 2017 at 11:45 a.m. ET.