7 Insurers Sign on to Participate in Georgia Health Insurance Exchange

Seven health insurers have signed up to offer benefits plans as part of the online insurance exchange that begins enrolling Georgians in October, reports Georgia Health News.

The companies that have signed on are: Aetna, Alliant, Blue Cross and Blue Shield of Georgia, Coventry, Humana, Kaiser Foundation Health Plan, and Peach State. They will offer a range of plans for individuals in Georgia as part of the Affordable Care Act’s exchange, or “marketplace,” which will debut in 2014, GHN reports.

Missing from the list are UnitedHealthcare and Cigna, GHN notes. United, GHN says, holds a large share of members in the State Health Benefit Plan.

Bill Custer, a health insurance expert at Georgia State University, who was asked to evaluate the filings for GHN said the companies are offering rates that are comparable to, or even below, current employer premiums.

Custer said he based that assessment on premiums for a single person in employer plans in the 2012 Kaiser Family Foundation/HRET benefits survey, where an HMO plan for an individual in the South averaged $456 per month.

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