Insurers participating in the public exchanges are limited their provider networks to contain costs. For example, Blue Shield of California’s “network for its exchange plans had 30,000 doctors, or 53 percent of the 57,000 doctors in its broadest commercial network, and 235 hospitals, or 78 percent of the 302 hospitals in its broadest network.”
When government inserts itself (more) into a market, it results in lopsided and unanticipated responses. I expect Congress will attempt to tie off this “loophole”—which will naturally result in even higher costs and tighter regulation. After all, Obama promised I could keep my doctor if I wanted. Surely he wasn’t being disingenuous.
posted 9 / 23 / 2013