Modern Healthcare May 8, 2019
Insurers selling plans on the Affordable Care Act marketplace are expected to pay consumers $800 million in 2019 as a result of excess premiums, according to a new review of preliminary estimates.
The Kaiser Family Foundation on Tuesday released a report that found uncertainty over the future of the ACA’s individual health insurance market in 2018 led to spikes in premiums and some of the best annual performances by insurers.
Overall, the analysis projects insurers are expected to pay up to $1.4 billion in rebates due to excess premium payments across the individual and small- and large-group markets, marking the largest payment to consumers since the law went into effect in 2010.