A new paper from Georgetown University researchers suggests a third possible outcome: Absolutely nothing at all will happen. They looked at the three states – Maine, Georgia and Wyoming – that have passed laws allowing insurers from other states to participate in their markets. All have done so within the past two years.
So far, none of the three have seen out-of-state carriers come into their market or express interest in doing so. It seems to have nothing to do with state benefit mandates, and everything to do with the big challenge of setting up a network of providers that new subscribers could see.
Interesting. This is another argument in favor of spending out of pocket instead of purchasing healthcare through health insurance. You can negotiate and shop around immediately. You don't have to wait for an insurance company to set up a network and then pay them.