Heritage Foundation: Post-ACA insurance consolidation has raised healthcare costs

Recent health insurance market consolidation linked to Obamacare regulations has raised premiums for employers and individuals. Consolidation happens when either producers in a market leave or two or more producers merge into one company. Either way, it means a larger market share for the companies that remain. In recent years, consolidation due to insurers exiting a market has become more common, especially in the Obamacare exchanges. According to data from the conservative think tank Heritage Foundation, 345 insurers offered coverage on the exchanges in 2013. By 2019, that had fallen to 202.