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ACA Exchange Competitiveness In Texas
Author(s) -
Morrisey Michael A.,
Radcliff Tiffany A.
Publication year - 2017
Publication title -
risk management and insurance review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.386
H-Index - 16
eISSN - 1540-6296
pISSN - 1098-1616
DOI - 10.1111/rmir.12075
Subject(s) - business , health insurance , finance , actuarial science , health care , economics , economic growth
The health insurance exchange in Texas began with some timidity in 2014. However, it saw rapid entry of insurers and plans, and the lowering of many plan premiums relative to those of the dominant Blue Cross Blue Shield offerings in 2015 and 2016. By 2017 insurers had reliable information on the utilization experience. Several insurers withdrew from the exchange; others reduced the number of counties in which they offered coverage. In the 2017 open enrollment period, only health maintenance organizations (HMOs) were offered and premiums increased dramatically for most remaining insurers.