- Associated Press - Wednesday, April 2, 2014

SALT LAKE CITY (AP) - Only two of the seven companies offering insurance plans in Utah on the federal government’s online marketplace are co-ops or nonprofits.

The Obama administration hoped the health care overhaul would increase competition in the marketplace with a host of options.

But in Utah, five of the seven insurers are subsidiaries or are affiliated with national companies: Aetna, United Healthcare, Humana, Blue Cross Blue Shield and Molina.

The Utah Insurance Department says the nonprofit is Select Health Inc. and the co-op is Arches Mutual Insurance Company.

Arches is one of the 23 consumer-run, co-op insurers created with the help of $2 billion in federal loans. Arches received nearly $94 million.

Utah isn’t tracking year-to-date enrollment by insurer, meaning it’s unclear whether consumers are choosing the nonprofits or the bigger companies.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide