Originally Posted by somarco
Agreed. About 15 years ago, when HIPAA
was enacted, it changed the group market into a Guaranteed Issue market. Before then, we had about 40 carriers in AZ to pick from, all with valid group plans, most with longevity. After HIPAA
and GI, the market compressed to 7 major carriers. It is now 5 carriers. Somarco says 3 carriers per state, and he has been in this business longer than Methusaleh walked on the earth, so I respect that opinion. I personally expected 2 carriers per state. Often the BCBS plans remain, and usually one or two others.