Five Companies to Offer Insurance on Idaho Health Exchange

Five companies will offer health insurance via Idaho’s online marketplace for individuals and small businesses to get coverage.

The Idaho Statesman reported Friday the companies offering insurance over the insurance exchange are Altius, Blue Cross of Idaho, BridgeSpan, PacificSource and SelectHealth.

BridgeSpan was created by Regence Blue Shield. No prices have been announced for the 134 plans, but the average is $240 monthly, according to an earlier announcement. Blue Cross of Idaho is offering 42 plans, the most from any one company.

Such exchanges are part of President Obama’s 2010 health insurance revamp. They’re aimed at providing a transparent way for people who don’t currently have insurance to compare and purchase policies.

People using the exchange may qualify for a federal subsidy for their policies, based on their income.

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