Fierce Healthcare October 22, 2019
Many commercial insurers are likely to lower premiums on the Affordable Care Act’s exchanges if they face competition from a public option, according to a new analysis.
The analysis from the left-leaning think tank Urban Institute released on Monday comes as the public option, where the government sells insurance plans on the exchanges, is gaining popularity among Democrats and in some states.
The analysis said that the lower rates paid by a public option could give insurers more bargaining power against hospitals and physician groups. The public option would also provide an opening for commercial insurers to gain more market share.
“Providers could therefore accept lower payment rates, given the threat that a public option would dominate, and insurers...
Today's Sponsors
Today's Sponsor