Competition in Obamacare Exchanges Declined in 2016: "On Oct. 1, 2013 President Barack Obama lauded the opening of the Affordable Care Act’s new health insurance exchanges and claimed, “You’ll find more choices, more competition, and in many cases, lower prices.”Typically, when competition declines the prices are not pushed lower and the consumer does not get as good a price. But, hey, he promised all kinds of things, didn't he?
In his latest paper tracking choice and insure competition in the exchanges, Heritage Foundation senior fellow Ed Haislmaier reports that fewer insurers are offering exchange coverage in 2016 compared to 2015. His paper examined insurer competition using three different measures."
'via Blog this'