Affordable Care Act mandate repeal is driving prices up, customer choice down in individual insurance market

Healthcare Finance News March 21, 2018
Jeff Lagasse

Robert Wood Johnson Foundation is projecting that fewer insurers will lead to higher premiums.

Fewer insurers, higher prices: That’s the forecast from the Robert Wood Johnson Foundation, which found in a study that consumer choice has been reduced, and insurance premiums raised, due to policy decisions at the federal level.

Ten insurance companies operating in the Affordable Care Act‘s marketplaces, and interviewed by researchers, suggested they would be willing to provide insurance to the individual market but were concerned that the current policy environment would undermine stability.

[Also: Congressional Budget Office says Bipartisan Health Care Stabilization Act of 2018 would create $19 billion deficit]

At the heart of that concern was the government’s repeal of the ACA’s individual mandate. In...

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