Greater Insurer Competition Found To Lower Health Care Premiums

Although it is “reasonable” to think that U.S. residents can save money via “more competitive health insurance markets,” there needs tmoneyo be “enough competitors to reap the benefits,” according to an analysis by the New York Times.‘ The study found that among partial or federally run insurance exchanges created under the Affordable Care Act, premiums for the second-lowest cost silver exchange plan would have been 5.4% lower had UnitedHealthcare — the largest health insurer in the U.S. — sold plans through the exchanges according to a recent report that was published at www.californiahealthline.org.

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