As Election Looms, Insurers Offer More Obamacare Plans In Red States
Forbes October 31, 2024
Republican-led states historically opposed to the Affordable Care Act are seeing an influx of health insurance options for 2025 as insurers see a new market opportunity.
Centene, Elevance Health, UnitedHealth Group’s UnitedHealthcare and Oscar Health are among the companies with large businesses selling individual coverage, also known as Obamacare, via the government’s healthcare.gov exchange.
The new products from these health insurers will debut Friday, the first day of open enrollment, which runs to December 15 for coverage that starts January 1, 2025.
These expansions come amid the increasing popularity of Obamacare with record enrollment for individual coverage purchased on exchanges under the ACA in part because tax credits have continued and been enhanced to more Americans under the Biden-Harris administration....