For 3rd Year in a Row, More Insurers are Entering the ACA Marketplaces, Creating More Options for Consumers

For the third straight year, more insurers are entering the Affordable Care Act’s marketplaces and expanding their service areas, creating more options for consumers seeking to buy their own insurance for 2021, a new KFF analysis finds.

The analysis finds 30 insurers joining the marketplace across 20 states, and another 61 insurers are expanding their services within states that they already served. More than a third of counties (1,207, or 38%) will have more insurers serving the marketplaces, while only a few counties (12, or 0.4%) will see a net decrease.

The boom among participating insurers in recent years has sharply increased consumers’ options and dramatically reduced one-insurer markets.

More than three-quarters (78%) of marketplace enrollees now...

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