Sherry Graham never stopped helping her daughter, giving up a big chunk of her monthly pension and Social Security income to pay the younger woman’s $420 health insurance bill.
The Raleigh 72-year-old said she hopes the online marketplace for private insurance, launching Tuesday as part of President Barack Obama’s signature health care law, will drive down prices. But Graham said she’s disappointed that the first go-around for the statewide health insurance exchange will feature only limited competition.
Blue Cross and Blue Shield of North Carolina will offer more than two dozen plans on the marketplace, some in every coverage level and in every county. The only other company selling coverage on the exchange is Coventry Health Care of the Carolinas. It says it will offer plans in 39 rural and urban counties, including those that count Raleigh, Charlotte, Greensboro, Asheville and Fayetteville in their areas. That leaves more than half the state with just one provider on the exchange.
Read the full article at The Kansas City Star.