2018 premiums in the federally-facilitated health insurance exchanges were an average 50% higher in areas with only one insurer and 21% higher in areas with only two insurers, according to a study reported today in Health Affairs. The study explores three potential theories about why exchange premiums are higher in some areas than in others (enrollee health, provider market power, and insurer market power), and concludes that “insurer monopoly is the most important predictor of premium levels and growth rates.” More than four in 10 rating areas in the 2018 exchanges had monopolist insurers and 22% of plan enrollees had only one insurance option during the last open enrollment period, the study found. “This study debunks any notion that higher health insurance premiums are easily attributable to provider concentration,” said AHA General Counsel Melinda Hatton.

Related News Articles

Headline
The Senate Committee on Health, Education, Labor and Pensions today voted 20-3 to pass the Lower Health Care Costs Act (S.1895) – bipartisan legislation…
Headline
The House Ways and Means Committee today passed the Opioid Workforce Act (H.R. 3414), AHA-supported legislation that would add 1,000 Medicare-funded training…
Headline
The Centers for Medicare…
Headline
The AHA today submitted comments on the revised version of the Lower Health Care Costs Act (S. 1895), legislation to prevent surprise medical bills, reduce…
Headline
The AHA today urged the Office of Management and Budget to continue using the Consumer Price Index for All Urban Consumers (CPI-U) in making annual adjustments…
Headline
Thousands of adults in Arkansas lost insurance coverage in the first six months after Medicaid work requirements were implemented, with no change in employment.