Healthcare DIVE July 1, 2019
Insurers selling individual plans continue to remain profitable despite policy changes that threatened to undermine the Affordable Care Act marketplaces, according to a recent report from the Kaiser Family Foundation.
An analysis of insurers’ first quarter performance in 2019 found carriers continued to remain profitable on average. Premiums also fell slightly for the first time since the marketplaces launched, the report found.
Although there have been modest increases in claims costs in the first quarter, the overall performance is positive despite previous fears.
“Earlier concerns that the market would collapse or insurer exits would lead to counties with no coverage available at all have proven unfounded,” KFF reported.
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