Some Early Industry Moves Show Insurers Have Finally Found A Way To Make A Profit From Health Law Marketplaces
Not only is there a lack of abrupt exits from the marketplaces like there have been in the past, but insurers are also actually starting to expand their offerings to new areas. Experts say that if not for the legal and political uncertainty surrounding the law, the marketplace would be "very robust" right now.
The Hill:
Defying Predictions, ObamaCare Insurers See Boom Times Ahead
Health insurers are finding success in ObamaCare this year and are planning to expand their offerings in many states, defying expert’s predictions. Insurance startup Oscar Health filed to sell ObamaCare plans in Florida, Arizona and Michigan for the first time, and will enter new markets in Ohio, Tennessee and Texas. (Weixel, 6/26)
In other health law news —
Chicago Tribune:
Uncertainty Remains Over Illinois Obamacare Premiums As Other States Reveal Rate Proposals
Illinois residents who buy health insurance on the state’s Obamacare exchange are unlikely to find out until later this summer how much more they might pay in 2019, but consumers in some other states are facing double-digit increases. Premiums are set to increase by an average of 15 percent for silver-level plans in 10 states and the District of Columbia where proposed rates have been publicly released, according to consulting firm Avalere. (Schencker, 6/25)
Kaiser Health News:
Thinking About An Association Health Plan? Read The Fine Print
If you own a restaurant, plumbing company or other small business, you may be intrigued by the expected expansion of association health plans under a new rule that got a stamp of approval from the Trump administration last week. Will they meet your needs? Save you money? Those are important questions for small businesses and self-employed people who struggle to buy affordable insurance for themselves and their workers. (Andrews, 6/26)
