A new report finds the introduction of the Patient Protection and Affordable Care Act mandates stirred up significant market share changes among carriers offering individual plans, with lower-price plans seeing a surge in enrollment.
Minneapolis-based analyst Allan Baumgarten released the study. Baumgarten looked at how the individual health insurance market grew after the first enrollment period began in November. The report followed market shifts in four states, Arizona, Michigan, Minnesota and Wisconsin.
Even with the exchanges' notorious website problems, the study finds an explosion in growth for individual plans.
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