Tuesday, June 20, 2017

Disappearing Insurance Markets

Funny how I blind myself
I never knew
If I was sometimes played upon
Afraid to lose
--Talk Talk

Nice graphic showing time multi-year trend of insurers leaving the marketplaces arranged by the Affordable Care Act. Dwindling number of insurers means less supply and lack of competition to drive future efficiency gains.

As the articles suggests, some actions taken by the Trump administration are likely extending the problem.

But make no mistake, the negative consequences of Obamacare, including loss of supply, were all too predictable from the outset.

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