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Insurers Expand ACA Presence Despite Uncertainty

Insurers are expanding their presence in the Affordable Care Act (ACA) marketplaces next year amid rising legal uncertainty surrounding the healthcare law.
June 26, 2018

Insurers are expanding their presence in the Affordable Care Act (ACA) marketplaces next year amid rising legal uncertainty surrounding the healthcare law, according to the Wall Street Journal. Larger insurers are joining or re-entering ACA exchanges, while smaller operators may enter markets where they did not offer ACA marketplace products this year, including Bright Health in Tennessee, Virginia Premier in the Richmond, Va., area, and Presbyterian Health Plan in New Mexico.

The expansions reflect that many insurers’ ACA businesses are becoming profitable, says Cynthia Cox at the Kaiser Family Foundation. A recent survey by consulting firm Oliver Wyman found that among 29 insurers, 21 percent said they were expanding their ACA offerings for next year, and the rest were not changing their footprint. The expansions highlight trends that had already emerged, such as a growing role for Medicaid-focused insurers.

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