Health care exchanges already struggling to get off the ground in many states are facing new hurdles as major insurance companies express reservations over joining them.
Some of the nation’s largest insurers have recently expressed their reluctance to join the exchanges, saying they are likely to sell insurance plans on less than a third of them.
Concerns over implementation
The exchanges, or marketplaces as they are now called, have gotten pushback from Republican governors, some of whom have refused to set up an exchange in their state. Though the Obama administration intended for each state to implement its own exchange, the federal government is taking on that role in more than half the states.
‘Pick and choose’
Though carriers are far from flocking to the public exchanges, industry observers say it’s important to note that they are, in fact, bidding to be a part of them.