Agency: Health insurers leaving SC affect 33K | News
By SEANNA ADCOX
COLUMBIA, S.C. (AP) - The state Insurance Department says a dozen insurers will no longer write health policies in South Carolina, impacting more than 30,000 people.
Agency spokeswoman Ann Roberson says insurers cited the federal health care overhaul in abandoning the state's individual or small group market. State law requires companies to notify the agency only if they're discontinuing policies in an entire market segment.
Director Ray Farmer says those notices helped him estimate that more than 150,000 South Carolinians overall are being forced from their policies.
Last week, his agency issued guidelines for insurers wanting to extend coverage to clients who previously received termination notices, following President Obama's partial reversal.
But Farmer says departing companies don't have that option. State law bars them from writing policies in that market for five years.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.