(WTNH)– After sending a letter to Access Health Connecticut informing them of a termination of their agreement, ConnectiCare has decided that they will remain a part of the Connecticut Health Insurance Exchange.
ConnectiCare originally said they were ending sales on the state’s insurance exchange next year. United Healthcare and Healthy CT have also decided not to continue selling policies.
The Connecticut Insurance Department reviewed ConnectiCare’s request to leave.
Below is the full statement from Wyman and Access Health CT CEO Jim Wadleigh regarding ConnectiCare:
Last Friday, AHCT received a letter from ConnectiCare informing us that they are terminating their agreement and exiting the state’s healthcare exchange. This letter has been forwarded to the Connecticut Insurance Department for regulatory review.
Access Health CT’s number one priority has always been and continues to be our customers. We are a national leader in healthcare because we are 100 percent committed to ensuring that Connecticut residents have access to affordable, high quality healthcare. ConnectiCare’s decision is certainly a challenge, but AHCT will continue to adapt to the changing healthcare market with an eye on ensuring our consumers the best options.”
On Tuesday, ConnectiCare CEO Michael Wise released a statement affirming their commitment to staying in the Insurance Exchange,
After hearing from state officials, providers and beneficiaries about the importance of our plan to Connecticut, we have decided to move forward into 2017 as a plan on the Exchange at the rates approved by the Department. To that end, we have withdrawn our legal appeals with the courts and the Department, and we have sent a letter to the Exchange rescinding the termination notice that we sent to them on Friday.
We are committed to the mission of providing high-quality healthcare to Connecticut residents. We look forward to continuing to partner with the Department and the Exchange to continue to meet this promise and to address the broader policy issues, such as risk adjustment, that affect the sustainability of the health insurance market place.