ObamaCare Guts Competition for Individual Coverage
Created on November 19, 2013
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READ the original report, "See the Map: Obamacare Exchanges Have Reduced Insurance Competition Nationally."
In 38 states and the District of Columbia, the number of health insurers offering individual coverage in the exchanges is less than the number of health insurers offering individual coverage before Obamacare.
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, District of Columbia
Keywords: Obamacare, exchange, competition
Notes: All figures are at the parent-company level (i.e., data for all subsidiaries of a company are aggregated under the one parent company). The current individual market is much smaller than other market segments. Only carriers with 1,000 or more individual market enrollees in a state (as of the first quarter of 2013) are counted as previously offering such coverage. It is assumed that any carrier with fewer individual market enrollees in a state stopped writing new individual policies prior to 2013. Source: Heritage Foundation calculations based on federal and state information on exchange participation and Mark Farrah Associates market data for current market participants.