Ah, competition even if there are only one or two health plans

2013

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The Obama administration said most people will have a choice of at least two carriers, but a few people will have just one choice. It said competition helped keep prices down from what some projections had initially estimated.

“I think there is an anticipation of a lot of new entrants coming into the market, so insurers are competing for all the new business…and insurers know people are going to be able to easily compare plans side-by-side,” said Mr. Cohen. Excerpt from the WSJ 9-25-13

Competing for the right kind of business don’t you mean? In this case, people who are low utilizers of health care. Think loss leaders betting on good risks if anything.

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