The importance of competition in ACA marketplaces – Healthcare Economist

Pageant issues for markets…even well being care markets. A paper by way of Van Parys (2018) depends upon a database of plan top class and marketplace traits amongst states with federally-facilitated medical health insurance alternate Marketplaces.  On this research, she reveals that:

In 2018, Market premiums had been 50 % ($180) upper, on reasonable, in score spaces with monopolist insurers, in comparison to the ones with greater than two insurers. This was once pushed by way of huge top class will increase for the monopolist insurers’ lowest-cost plans.

Medicaid growth states and states with a metropolitan house had reasonably decrease charges, however states with a duopoly (or particularly a monopoly) had they very best build up in premiums.


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