Plan Options Set to Increase with Insurance Exchanges
June 18—The number of insurers offering nongroup insurance plans to consumers on state-run health insurance exchanges is poised to increase over current levels according to a recent analysis from the Robert Wood Johnson Foundation’s State Health Reform Assistance Network.
The analysis compares the number of insurers offering plans prior to implementation of the Affordable Care Act with the number of insurers applying to operate in state exchanges. The areas analyzed are California, Colorado, Connecticut, District of Columbia, Maryland, Massachusetts, Oregon, Rhode Island, Vermont, and Washington.
The analysis finds that the number of carriers offering nongroup insurance plans in these states will increase by 35 percent, from 52 to 70. According to the analysis, six of the 10 states will see more insurers offering nongroup options while four states expect no change.
Publication Date: Tuesday, June 18, 2013