Evergreen Health suspended from individual insurance market
Evergreen Health Cooperative will not be able to participate in the individual health insurance market in January and about 9,000 people already insured with the carrier have to find new plans by Dec. 15.
The insurer has been attempting to convert to for-profit status since October after experiencing extreme financial stress earlier this year. As the company makes the conversion, the federal Centers for Medicare and Medicaid Services, which regulates business on insurance exchanges under the Affordable...