High­mark Health said it will re­duce its range of prod­ucts on the health in­sur­ance mar­ket­place

Modern Healthcare - - LATE NEWS -

as a re­sult of los­ing $318 mil­lion in the first six months of the year on plans sold to ex­change con­sumers. The Pittsburgh-based not-for-profit said de­mand for med­i­cal care greatly ex­ceeded ex­pec­ta­tions. Many of those who bought High­mark ex­change plans pre­vi­ously had no in­sur­ance and were grap­pling with chronic ill­ness. Roughly 379,000 peo­ple are cov­ered un­der High­mark health plans sold on the ex­changes. High­mark health plans cover 5.3 mil­lion peo­ple in Delaware, Penn­syl­va­nia and West Vir­ginia.

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