NC Blue Cross – 72.5% Overall Market Share
Below I described NC Blue’s clear monopoly in the individual health insurance market in NC. Now take a look at NC Blue’s overall market share (so individual and employer-based insurance) compared to the other domestic insurance companies operating in NC. Blue rules 72.5% of the market. Their closest competitor, United Healthcare, comes in at only 12.5% market share while Partners Health Plan only has 7.1%.
Tell me again why it would be bad to have a public health care plan option for North Carolinians to choose from as a part of national health reform?