Surging Obamacare enrollment during the pandemic will likely be a boon for states that are launching their own health insurance marketplaces.
Obamacare sign-ups spiked after millions of people lost their jobs and work-related coverage due to Covid-19. An increase in enrollees will likely reduce per-person costs for insurers, particularly as more healthy people look to get covered. That in turn could draw more insurers to the exchanges, leading to increased competition and reduced premiums, state health officials and analysts said.
Insurers may be especially drawn to state-based exchanges since states typically spend more money on outreach and marketing and may ...