Note: None of this should be taken as legal or tax advice.
According to the
Salt Lake Tribune, Humana has pulled out of the
Utah Health Exchange to focus on its own small business products.
This appears to be an an issue of higher priorities: “We continue to support it as a bold, state-based approach to health care reform, said Humana in a prepared statement. "However, we are now at a point where we need to make a choice in priorities, and have made the decision to place our full focus on our existing small-business products.”
This suggests Humana believes the Utah Health Exchange, in its current experimental form, is not a viable solution for Utah small businesses.
Without Humana, there are now only three insurance companies participating in the exchange. Should we expect the others to follow Humana's lead?
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