Fierce Health Payers October 31, 2019
The Affordable Care Act’s insurance exchanges are the most stable they have been in years but questions remain on whether the market’s enrollment can grow.
Open enrollment for the 2020 coverage year starts on Nov. 1 through Dec. 15 and premiums for the benchmark plans on the federally-run HealthCare.gov are expected to decline by about 4%. Experts say that while enrollment growth appears to have plateaued, there are areas that could lead to more customers.
“It is not a growing market,” said Chris Sloane, associate principal for the consulting firm Avalere. “Don’t expect the core group of beneficiaries to change in the coming years.”
The main reason for the lack of growth is the high premiums for the unsubsidized population...