3 companies to offer insurance in MT marketplace

3 companies plan to offer health insurance through federal insurance marketplace in Montana

Associated Press

HELENA, Mont. (AP) -- Three health insurance companies plan to sell health insurance through the federal insurance marketplace in Montana.

Montana Insurance Commissioner Monica Lindeen says Blue Cross Blue Shield of Montana, PacificSource Health Plans and the Montana Health CO-OP filed paperwork with her office by the May 15 deadline.

In August, insurers will make a final commitment to sell insurance on the marketplace, which was created under the Affordable Care Act.

The marketplace website is scheduled to open in October, allowing Montanans to search for products with coverage beginning in January 2014.

The market is designed to create competition, transparency and easy access to health insurance for consumers.

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