UPDATED 1:21 p.m. |
State Insurance Commissioner Mike Kreidler announced Friday that he has reached a settlement with two insurance carriers his office had earlier rejected for the state’s new online insurance marketplace.
Kreidler said the settlement with Community Health Plan of Washington and Kaiser Foundation Health Plan of the Northwest would add 10 more health plans to the individual insurance market that will be offered through the exchange, called the Washington Healthplanfinder.
Community Health would offer three health plans in 26 counties when Healthplanfinder opens for enrollment Oct. 1. Kaiser would have seven plans available in Clark and Cowlitz counties.
The 10 plans from the two carriers would bring the total number under the exchange to 41. The Office of the Insurance Commissioner (OIC) had earlier approved 31 plans from four other carriers.
While settling with the two carriers Friday, the OIC also announced it decided not to settle with Coordinated Care Corp., whose health plans also had been rejected.
Coordinated Care had too many serious issues that prevented it from meeting state and federal criteria, Kreidler said.
A fourth rejected carrier, Molina Healthcare of Washington, filed an appeal this month, then dropped it. The carrier refiled the appeal Thursday night, according to the OIC.
All plans approved by the OIC must be certified by the board of the Washington Health Benefit Exchange, the agency that administers the exchange. The board is scheduled to meet Wednesday.