The future of health insurance on marketplaces under the Affordable Care Act is likely to take a turn toward even narrower medical care provider networks after Congress failed once again to stabilize individual coverage. Insurers have been turning profits on their individual coverage after raising rates and narrowing their provider networks. And the financial success brought about by narrow networks only means they will spread across the country, limiting choices of physicians and other providers of medical care. The narrow network strategy has become more common for insurers offering Obamacare coverage as a way to control costs. Some health insurers moved to narrow network plans after preferred provider organization (PPO) plans became too costly to operate.

Source: Forbes March 24, 2018 14:06 UTC