The Blues are eliminating scads of individual plans.
In response Gov. Mark Dayton highlighted gains in enrolling more Minnesotans in health insurance plans since the implementation of the Affordable Care Act. He also acknowledged the BCBSM departure reflects the instability in the market for individual and family coverage.
In other words, as people have been squeezed out of the private plans they originally chose, they are dribbling in to MNSure’s more expensive plans with higher deductibles and more-constricted networks.
thinks has been told to think it’s a win.
“This creates a serious and unintended challenge for the individual market: the Minnesotans who seek coverage there tend to have greater, more expensive health care needs than the general population,” said Dayton. “Blue Cross Blue Shield’s decision to leave the individual market is symptomatic of conditions in the national health insurance marketplace.
University of Minnesota health economist Roger Feldman called the Blues’ departure a major blow to Minnesota’s already troubled individual market.
“What this says about the individual market is that it is very unstable and it has been disrupted by a number of events and we still don’t know whether it will recover or not from those disruptions,” said Feldman.
Apparently we have to cripple healthcare before we can save it.