Skip to comments.Obamacare Insurer Participation Declines 24 Percent in 2017
Posted on 06/04/2017 12:02:23 PM PDT by EVO X
The number of health insurers participating in the Affordable Care Act exchanges has declined by 24 percent from 2016 to 2017, according to data from the Kaiser Family Foundation.
In 2016, there were 287 insurers who offered insurance on the Obamacare exchanges and in 2017 that number dropped to 218. There were 34 states that saw the number of insurers decline, 15 states have the same amount of insurers from 2016 to 2017 and only one state added an insurer in 2017.
Five states, Alabama, Alaska, Oklahoma, South Carolina, and Wyoming, have only one insurer operating on the exchanges, leaving consumers with little choice.
In one-third of counties in the United States, about one in five enrollees, or 21 percent, have access to only one insurer operating on the exchanges. This is a significant increase from the 2 percent of enrollees in 7 percent of counties that had access to only one insurer last year.
(Excerpt) Read more at freebeacon.com ...
These decisions were made well over a year ago.
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