Insurers exiting Obamacare exchanges due to unsustainable losses
In 2017 there will be only one insurer selling health care plans in the Obamacare exchanges in one-third of the country, according to an analysis from Avalere experts.
Avalere, a health care consulting firm, compared the health insurance carriers that offered Obamacare coverage in 2016 to the carriers who have announced their intention to exit the exchanges in 2017, such as Aetna, Humana, UnitedHealthcare, and some co-ops.
The experts projected that 36 percent of exchange market rating regions in the United States in 2017 will have just one health insurance carrier, and 55 percent of regions will have two or fewer carriers. This is a significant increase from 2016, when only 4 percent of regions had one or fewer health insurance carriers and 33 percent of regions had two or fewer insurers.
Seven states—Alaska, Alabama, Kansas, North Carolina, Oklahoma, South Carolina, and Wyoming—will have only one health insurance carrier per rating region in 2017.
Experts at Avalere said there may be some sub-regional counties where no plans are offered in 2017. No insurer plans to sell coverage in Pinal Country, Arizona next year, according to a report from the Hill.
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From @FreeBeacon: One-Third of U.S. Will Have Only One Insurer Offering Obamacare Plans in 2017 https://t.co/nmwkhKMD83 #FullRepeal
— Ted Cruz (@tedcruz) August 23, 2016
Quelle surprise!
This was the plan all along. Drive the insurance companies out so that government-run health care can take over.
And both presidential candidates are in favor.
Isn’t there anything we can do to stop them (from taking over)?
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