Wellmark may join health insurance marketplace

By

SIOUX FALLS, S.D. (AP) — The largest private insurer in the state may begin offering health insurance plans through the federal marketplace in South Dakota later this year.

Wellmark Blue Cross and Blue Shield says it is evaluating whether it will start selling plans in November through www.healthcare.gov .

South Dakotans who are trying to meet a March 31 deadline to purchase health care coverage currently have three insurers to choose from in the federal enrollment website.

Wellmark chose not to participate in the federal exchange for 2014 out of concerns over the website's performance.

President Barack Obama's health care law requires nearly every American to have insurance coverage. Monday is the deadline for the open enrollment period. Meeting the deadline means avoiding financial penalties on 2014 federal taxes.

©2014 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.