The Patient Protection and Affordable Care Act could quickly wipe out the commercial health insurance market in five U.S. territories.
The two insurers that have been selling individual coverage in the U.S. Virgin Islands already have stopped selling new coverage because of PPACA fears, according to a subgroup at the Health Care Reform Regulatory Alternatives Working Group, an arm of the National Association of Insurance Commissioners.
Regulators from jurisdictions that are skeptical about PPACA created the working group.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
