The Rise of the Small Insurer

Yesterday was, in some ways, the grand opening of Obamacare. It’s the day that open enrollment begins for state health exchanges. But several of the nation’s largest health insurers are sitting out the exchanges. And this has created an opportunity for smaller companies to expand their business.

L.A. Care is a health plan provider located on the 10th floor of a high rise in downtown Los Angeles. It only offers plans to low-income individuals through Medicare and Medicaid. But starting today, anyone can buy private insurance form L.A Care.

L.A. Care expects to sign up 20,000 new customers in the first month. And that’s just in L.A. County.

See the full story at MarketPlace.org

 

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