Insurer participation in the Economical Treatment Act marketplace in 2021 is observing a 3rd straight yr of development as various insurers are moving into the sector or increasing their assistance space, in accordance to a recent Kaiser Household Foundation report.
For occasion, in 2020, UnitedHealthcare, the nation’s premier insurer, turned a new entrant in five states, in accordance to the report: Arizona, Maryland, North Carolina, Tennessee and Virginia. 20 states experienced new entrants to the sector.
For 2021, 30 insurers are moving into the individual sector, and an additional sixty one are increasing their assistance space inside states.
There will be an regular of five insurers for each point out in 2021, up from a minimal of three.five in 2018, but nevertheless underneath the peak of 6 in 2015. Only ten% of counties will have a solitary insurer giving in 2021, down from 52% of counties in 2018, the report