Healthcare DIVE February 21, 2020
Dive Brief:
- Insurer participation in the individual Affordable Care Act exchanges rose in 2019, according to a new report from McKinsey & Company. The findings show continued strength of the ACA marketplace even amid Republican attempts to undermine the law.
- In the 2019-2020 plan year, 245 individual carriers participated across the federal and state exchanges, compared to 218 carriers last year and 194 in the 2017-2018 plan year. Coverage and choice also grew, as the number of U.S. counties with only one insurance provider shrank from 36% in 2019 to 25% in 2020.
- The findings come as the Supreme Court convenes Friday to decide whether to review the Republican lawsuit seeking to overturn the ACA.
Dive Insight:
The...