Government health insurance markets holding up--barely - News Summed Up

Government health insurance markets holding up--barely


Enough insurers are planning to sell coverage on the Affordable Care Act's insurance exchanges next year to keep them working — if only barely — in most parts of the country. "What we're seeing is a deterioration in these markets, but the markets haven't imploded, they haven't gone into a rapid downward decline," said Dan Mendelson, president of the consulting firm Avalere. Health insurers had until Wednesday to declare whether they planned to sell coverage next year on exchanges in most states. The Blue Cross-Blue Shield insurer Anthem said Wednesday that it will leave exchanges in Wisconsin and its home state of Indiana. They know that the income-based tax credits that pay most of the insurance bill for some customers shield those people from big price hikes, said Robert Laszewski, a health care consultant and former insurance executive.


Source: ABC News June 21, 2017 19:14 UTC



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