What’s Going On With The Health Law’s Marketplaces?
Bloomberg gives a quick rundown of what's happening with the exchanges created under the Affordable Care Act. Meanwhile, two insurers are jumping back into the marketplace in Arizona.
Bloomberg:
Why Insurers Are Getting Antsy About Obamacare: QuickTake Q&A
U.S. President Donald Trump says Obamacare, the health-insurance system created by his Democratic predecessor, is collapsing and needs to be replaced. Democrats say Trump is sabotaging Obamacare by scaring insurers away. As proof, both sides point to double-digit premium increases and the departure of a string of national insurers from the individual-policy market under Obamacare, officially known as the Affordable Care Act (ACA). Climbing prices and narrowing choices. On June 6, Anthem Inc. announced its decision to quit Ohio’s ACA market, a step that may leave 13,000 people without any coverage option under the program next year. Anthem offers ACA plans in 13 other states, where its continued participation largely remains a question mark. (Edney, Tracer and Recht, 6/12)
Arizona Republic:
Arizona's 'Obamacare' Insurers To Stay Put In 2018
Arizona has been described as "ground zero" for "Obamacare's" woes because of the departure last year of all but two health insurance companies and massive customer rate hikes. But those two insurance companies appear content enough with Arizona's health-insurance marketplace this year that they have pursued steps to again offer plans in 2018. (Alltucker, 6/12)
