Illinois Health Applicants Fall Short in Illinois

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President Obama's health care plan has hit yet another snag -- this time, in his home state.

Illinois health officials say only six insurance carriers have applied to sell 165 health policies in the online insurance market. They were hoping to receive applications from 16 different insurance that would sell 260 health plans.

The Illinois numbers raise concerns the trend will hold true across the country, leading to higher costs for health insurance.

The insurance exchange is a critical piece of the Affordable Healthcare Act because it is designed to increase competition and decrease cost. Having fewer health plans could mean less competition and higher premiums.

The new health law requires that most Americans have health insurance beginning Jan. 1.

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