Independence Blue Cross Retains Leading Share in Southeastern Pennsylvania Obamacare Market

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Independence Blue Cross,Obamacare,Southeastern Pennsylvania

Independence Blue Cross remains the dominant player in the Obamacare market in Southeastern Pennsylvania, with 82% market share. The company reported 124,608 customers, while the overall enrollment in the region increased by 17% compared to last year.

Several years ago, Independence Blue Cross was the only company selling Obamacare plans in Southeastern Pennsylvania. This year it had five competitors.Independence Blue Cross retained its leading share, with 124,608 customers. That amounts to 82% of the overall market in the region. The Philadelphia company noted that the totals reported at the end of open enrollment period typically go down, particularly in the first quarter, because some customers don’t make payments.

Overall, 151,349 people in Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties signed up for individual plans through the state’s marketplace as of Jan. 19. That amounts to a 17% increase over last year.

 

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