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Introduction

If you’re looking for health insurance, you might be surprised that there are some states where no health insurance companies are willing to sell individual policies. Shouldn’t every state have at least one business offering coverage? Actually, it’s not as strange as it sounds: Alaska and Texas have been without an insurer since 2017.

Alaska

Alaska has no health insurance companies offering individual health insurance policies. Alaska is the only state that has no health insurance companies offering individual health insurance policies, and it’s because of its size and population.

The state is the third largest by land area in the United States. It ranks behind only Alaska (406,000 square miles) and California (503,000 square miles) for total area, but it has a tiny population compared to other states: about 710 thousand people as of 2018 according to census estimates (about 1/7th of South Carolina’s population). This means that there aren’t enough Alaskans who need medical care to keep all these providers afloat—so they’re forced out of business altogether!

Texas

Texas is the last state in the country to experience a state-wide health insurance provider.

Texas has a high population and therefore more people to insure. Texas also has a lot of people who are uninsured, which makes it an attractive target for companies that want to sell individual health insurance policies. However, there are no companies willing to sell those policies.

There are two states in which no insurance company is willing to sell individual health insurance policies, Alaska and Texas.

There are two states in which no insurance company is willing to sell individual health insurance policies, Alaska and Texas.

Why? Well, how do you think an insurer would feel if they were given the task of selling a product that no one wants to buy? Not good. So there’s really only one option to make sure they still get paid: make it so expensive that only the sickest people can afford it. And that’s exactly what these states’ laws do—they restrict competition by banning new entrants into the market and creating barriers for existing companies to exit.

What does this mean for residents of Alaska and Texas? It means they have very few options when looking at individual health plans sold on government-run exchanges (or off them). And since those are the only places where you can get subsidies if your income qualifies, then unless everyone in your household has low incomes (which means living below 250% FPL), your premiums will be higher than average!

Conclusion

If you live in either of these states, it’s important to know that there are options for obtaining health care coverage. In Texas, Medicaid is a public program that provides free or low-cost health insurance for people who qualify based on their income level. If you don’t qualify for Medicaid but still need help paying for health care costs, there are other options like Medicare plans or private policies from companies like Blue Cross Blue Shield. In Alaska, the state has set up its own plan called the Alaska Comprehensive Health Insurance Plan which provides medical services at no cost to those who enroll in this program (although some cost sharing may apply depending upon your income level).

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