Dayton Daily News

Health care

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from marketplac­es in Ohio and other states next year, have narrowed consumers’ choices.

This year, 17 companies offered plans in Ohio’s marketplac­e, and residents each of the state’s 88 counties could choose from plans offered by at least four companies listed on the insurance exchange, according to the state insurance department. In 2017, residents in 19 Ohio counties will have only one company listed as an option to buy health insurance, and 28 counties will have only two companies from which residents can choose.

“Less choice and higher prices are not good for consumers or their families,” Ohio Lt. Governor Mary Taylor, a longtime critic of President Barack Obama’s signature health reform law, said in statement.

“Premiums are skyrocketi­ng in Ohio and across the country because Washington bureaucrat­s are over-regulating the market and forcing consumers to buy coverage they do not want and cannot afford,” Taylor said.

The pullout of several large national insurers who reported losses in the insurance exchanges has raised questions about the longterm viability of the marketplac­es in Ohio and elsewhere. But prices should remain affordable, regardless of how many insurers enter or exit the marketplac­es nationwide, because of the way the tax credits are designed to work, Martin said.

The tax credits protect consumers from rate increases and keep coverage affordable by increasing when the cost of the benchmark plan increases, so if all premiums in the marketplac­e go up by a similar amount, the majority of consumers will not pay significan­tly higher rates for coverage, she explained.

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