North Shore-LIJ’s CareConnect to pull out of NY market

careconnect logo

North Shore LIJ’s health plan CareConnect has made the decision to close down operations as it is losing money.  A major portion of this is related to the ongoing lack of clarity about the affordable care act (ObamaCare) and funding mechanisms.

The insurance company has not yet put in place a plan for transition but states that “Northwell will be submitting a withdrawal plan to the state, but CareConnect operations will continue over the next year as it said it “works with its customers, businesses, and others to help transfer policy holders to other health plans.”

Several links are below for articles on this.

Long Island Business News
Washington Examiner