Are health insurance plans in the individual market substandard?
Not the overwhelming bulk of them.
How do I know that?
Because individual health insurance policies have been regulated for decades by the states. Every policy sold in a state has to be approved by that state’s insurance commissioner. Have you heard about the longstanding debate about over whether or not states over regulate this market with too many state health insurance coverage mandates and policy requirements?
This whole issue over whether the states regulate these policies too much has been at the heart of Republican calls for insurers to be able sell individual health insurance plans across state lines––to be able to buy individual health plans from states with fewer regulations.