Lack of Competition Impacts Affordable Care Act Fees - myfoxcarolinas.com

Lack of Competition Impacts Affordable Care Act Fees

Posted: Updated:
  • Local NewsMore>>

  • Bobcats Fans Enjoy Playoff Basketball

    Bobcats Fans Enjoy Playoff Basketball

    Tuesday, April 22 2014 6:51 PM EDT2014-04-22 22:51:09 GMT
    Bobcats fans enjoyed a fun day of basketball and prize giveaways at the Hickory Tavern.
    Bobcats fans enjoyed a fun day of basketball and prize giveaways at the Hickory Tavern.
  • Body found during search for missing jogger in Union County

    Body found during search for missing jogger in Union County

    Tuesday, April 22 2014 5:47 PM EDT2014-04-22 21:47:39 GMT
    (WJZY) - A body was found while deputies searched for a missing jogger in the Lake Park area of Union County on Monday. Earlier that day, the family of James Martin Hudspeth reported him missing. The family said he went jogging and did not return home. At 5 p.m. that evening the Union County Sheriff Department discovered Hudspeth’s body behind a nearby church.
    (WJZY) - A body was found while deputies searched for a missing jogger in the Lake Park area of Union County on Monday. Earlier that day, the family of James Martin Hudspeth reported him missing. The family said he went jogging and did not return home. At 5 p.m. that evening the Union County Sheriff Department discovered Hudspeth’s body behind a nearby church.
  • Last Days of the Civil War

    Last Days of the Civil War

    Sunday, April 20 2014 8:07 PM EDT2014-04-21 00:07:57 GMT
    The Historic Rosedale Plantation in Charlotte held a Civil War living history event where you could get a glimpse into what life was like for Confederate soldiers, transients and refugees during the final days of the war.
    The Historic Rosedale Plantation in Charlotte held a Civil War living history event where you could get a glimpse into what life was like for Confederate soldiers, transients and refugees during the final days of the war.

The Affordable Care Act became effective as a healthcare law on October 1, 2013, with the intent to make a nationwide effort to provide health insurance for millions of people who do not have health coverage. While the law has received criticism for website glitches, Dr. Don Jonas, an adjunct professor at Queens University, said people in North Carolina have a bigger problem - lack of competition.

“In North Carolina, one of the challenges, with those insurance companies that are part of the market place, we only have two that are competing for customers,” Jonas said. “We’ve seen in lots of other states, you’ll have nine or 10 different insurance companies to beat down the prices. In North Carolina, with only two there, we’re not seeing that competition occur to bring the prices down.”

In North Carolina, the two insurance companies, which are a part of the market place, are Blue Cross Blue Shield and Coventry Healthcare of the Carolinas. Residents in North Carolina may face higher insurance premiums because of the lack of competition.

Jonas said the roll out of the Affordable Care Act has not gone well but he said he expects some of the glitches to be resolved in the coming weeks.

Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices