Next year, 47 counties are projected to have no Obamacare insurers and 1,200 could have just one, in accordance with a new federal report
The map issued on the day of Tuesday from the CMS (Centers for Medicare and Medicaid Services) outlined a county-by-county map of projected insurer participation in Obamacare. The report comes as the Senate is attempting to work towards a healthcare reform bill vote by the day of July 4 recess.
The counties having no insurers are situated in Missouri, Ohio and Washington.
The projections could alter or change as participation in Obamacare for the year of 2018 isn’t set in stone yet.
CMS pointed out that nearly 35,000 active Obamacare exchange participants live in counties that are projected to be without coverage in the year of 2018 and about 2.4 million could have merely one insurer.
CMS Administrator Seema Verma stated, "This is yet another failing report card for the exchanges. CMS is working with state departments of insurance and issuers to seek ways to offer relief and assist restore access to healthcare plans, but our actions are by no means a long-term solution to the issues we are seeing with the insurance exchanges."
Some huge insurers have already declared they are defecting from the exchanges because of the mounting financial losses.
Insurer giants UnitedHealth and Aetna have left the exchanges because of the losses of more than $100 million.
Republicans and Democrats are trading barbs over who is to blame for the insurer defections. Republicans charge the defections are proof the law is failing and Democrats say the Trump administration is attempting to sabotage the individual market to make sure Obamacare fails.
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