Latest Posts

Home

Facebook

Twitter

Search
About

Number of Insurers Offering Coverage through Obamacare Exchanges Drops in Half

On Monday the Centers for Medicare & Medicaid Services (CMS) announced that only 141 health insurers filed applications to offer health plans through the federal Obamacare exchanges in 2018.  As the graph below shows, that’s half as many insurers submitting applications as in 2016.

Issuer_participation

Here’s how Health and Human Services Secretary Tom Price explained the depth of the problem:

The situation has never been more dire. Americans are continuing to lose what health coverage they have and are forced to choose from fewer options or pay the IRS for the right to go without. This further limits their access to the doctors and healthcare services they need.

Congress must act now to repair the damage Obamacare has inflicted and put in place a patient-centered system that is responsive to the needs of individuals and families, not the demands of Washington.

Yet despite all this news of crumbling markets, Republicans continue to struggle to make the case that America needs immediate relief from Obamacare’s regulations. Their plans to repeal and replace Obamacare have been hammered in the media for the estimates of people who will “lose” coverage by the Congressional Budget Office.

These media reports rarely contrast these predictions of coverage losses with the actual losses families are experiencing right now.  Today, average premiums are double what they were in 2013 and, as the above chart shows, insurance choices are dwindling.   Charts are good, but Republicans need to start telling more real-life stories of people forced to pay painful premium increases for less coverage.

Comments

Subscribe

Categories

Upcoming Events

  • YLC Curling Event

    Location: Chaska Curling Center 3210 Chaska Blvd, Chaska, MN 55318

    Grab your broom and stone and join the Young Leadership Council for an evening of Curling at the Chaska Curling Center! $40 registration includes: Instruction Ice time and equipment Appetizers (Curling Center Bar will be available to purchase drinks) The event will begin with 15-20 minutes of classroom instruction on curling rules and basics followed by 20-30 minutes on the ice for practice and drills. Instructors will be on hand the whole evening to guide your games. Dress Code: Bring a pair of clean-on-the-bottom shoes to change into. No leather soles or metal lace hooks Loose fitting or strechy clothes…

    Register Now
  • The Diversity Delusion

    Location: Hilton Minneapolis 1001 South Marquette Avenue Minneapolis, MN 55403

    Please join Center of the American Experiment on Wednesday, April 24th at the Hilton Hotel for a lunch forum with Heather Mac Donald as she discusses her new book, The Diversity Delusion: How Race and Gender Pandering Corrupt the University and Undermine Our Culture.  Heather Mac Donald is the Thomas W. Smith Fellow at the Manhattan Institute, a contributing editor of City Journal, and a New York Times bestselling author. She is a recipient of the 2005 Bradley Prize. Mac Donald’s work at City Journal has covered a range of topics, including higher education, immigration, policing, homelessness and homeless advocacy, criminal-justice reform, and race…

    Register Now
  • 2019 Annual Dinner Featuring Nigel Farage

    Location: Hilton Minneapolis 1001 South Marquette Avenue Minneapolis, MN 55403

    Purchase Tickets Here

    Register Now