Why is this a problem? What objective facts in the case support that this is the problem? Is there a cause and effect factor evident in the problem?

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The problem in this case is the lack of availability for the medical insurance plan. This issue has been well documented over the past few years and data has shown that there have been a substantial decrease in insurers offering coverage to individuals in certain states due to increased regulation, higher costs, and instability in the marketplaces.

Objective facts that support this problem include data from numerous sources that show declining enrollment numbers as fewer health insurers are entering state markets or exiting them completely. Additionally, premiums have also been increasing significantly year-over-year; these increases range from 8% – 28% depending on the state’s specific regulations (Kaiser Family Foundation).

The cause and effect relationship between these factors is evident: increased regulation leads to higher costs which makes it difficult for some companies to remain profitable, leading them to exit a particular state’s marketplace or stop offering plans altogether; this leaves fewer options available for consumers who need health insurance coverage resulting in higher premiums. This cycle of tightening regulations followed by less competition can lead to an increase in uninsured people if left unchecked.