Progressive commercial insurers have been working overtime to fill a gap in the market, according to a new report from Avalere Health.
The new study, titled The Insurer of the Future, says insurance companies have been adding to their offerings and working with industry leaders like Medi-Cal and Blue Cross Blue Shield of Arizona to fill out their own marketplaces.
The companies are working with the state to develop guidelines for their plans to be more accessible to people with pre-existing conditions, which the report says could include more coverage for mental health issues.
The companies have also been working to streamline their operations and to improve their pricing.
While the report didn’t make any predictions on the number of insurers offering coverage in the upcoming 2018-2019 year, Avalere estimates there could be as many as 2,200 insurers in the United States.
It also doesn’t expect that many insurers will be offering coverage for people with a pre-condition.
In 2017, the ACA required all insurance companies offering coverage to offer coverage for pre-conditions.
In 2019, the federal government also required insurance companies to offer pre-disposition plans, which are typically less expensive and can cover more people.