Study Indicates Consumers Have Fewer Insurer Options For 2017

Bloomberg News (8/19, Tracer) reported that according to a study conducted by Avalere Health, consumers are getting fewer options under Affordable Care Act plans. Data show about “36 percent of the approximately 500 rating regions in the US may have just one health insurer when the 2017 signup season starts on Nov. 1,” while an additional “19 percent could have just two carriers.” The article said by comparison, in 2016, some two-thirds of areas had three or more insurers competing for consumers’ business.

On its website, CNBC (8/19, Mangan) reported that the analysis indicates seven states, including Alaska, Alabama, Kansas, North Carolina, Oklahoma, South Carolina, and Wyoming, will have only one insurer offering ACA plans in 2017.

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— “Choices May Be Limited for Obamacare Shoppers, Avalere Says,” Zachary Tracer, Bloomberg News, August 19, 2016.

Posted in In The News.