Evergreen Health Cooperative won’t issue or renew individual health benefit policies on the Maryland state insurance marketplace in the 2017 plan year.
Evergreen, a startup HMO that began as a not-for-profit, is working to become a for-profit company. It has 6,000 members on the Maryland health exchange, 4,000 of whom will be switched to Kaiser Permanente while 2,000 will move to CareFirst. About 3,000 members who bought insurance directly from Evergreen or brokers will need to find a new plan. Group policies remain in effect until the policy renewal date. Evergreen is one of 23 not-for-profit co-ops created nationwide by the Affordable Care Act. Only six, including Evergreen, remain.