Datapoint: Bright Health to Exit Six States
Startup insurer Bright Health will exit the individual and group risk markets in Illinois, New Mexico, Oklahoma, South Carolina, Utah and Virginia for the 2023 plan year. Those markets made up less than 5% of Bright Health’s revenue, according to a press release. Bright Health currently serves 588,350 individual members, with Florida, North Carolina and Colorado as its three largest markets.
Source: AIS’s Directory of Health Plans