It is true that more health insurance options results in lower costs.

It is also true that everyone is different - some people value lower cost; some people value greater provider access.

That’s why insurers offer different plans like Health Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPO)s.  

The Affordable Healthcare Coalition of North Carolina advocated for and helped pass a law that added another menu option for small businesses and individuals.

The bill allowed for Exclusive Provider Organizations (EPOs) to be offered to small businesses and individuals, whereas before they were only an option for large companies.

An EPO is an insurance plan that lowers premiums by only offering coverage with in-network providers except in the case of emergencies. Since providers know they will get 100 percent of the plan’s business, they will lower their prices – and lower prices mean lower premiums.

Under an EPO, you cannot be denied coverage for preexisting conditions. And the plans cover essential health benefits.

Allowing EPOs to be offered to small businesses and individuals is estimated to help lower their premiums by up to 18 percent.  

The Affordable Healthcare Coalition of North Carolina is committed to advocating for health insurance options that will provide high-quality, affordable coverable to businesses and individuals across our state.