Modern Healthcare August 24, 2017
Congress returns from its summer recess amid hopeful signs that moderates in the Senate will craft bipartisan legislation to bolster the individual insurance markets created by the Affordable Care Act.
Those markets are doing far better than advertised. Now all of the nation’s 3,142 counties have a private insurer selling individual plans next year.
And while competition is limited to one insurer in about 47% of counties, mostly in the Deep South, Great Plains and Southwestern states, it affects just 21% of last year’s 12.2 million enrollees since many of those areas are sparsely populated.
However, individual premiums will spike by another 20% on average next year unless Congress and the White House fund the cost-sharing subsidies contained in the...
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