Forbes July 28, 2019
The financial stability of individual coverage under the Affordable Care Act and improving health plan margins bodes well for the future of Obamacare.
A snapshot of the improving Obamacare market could be seen in the earnings report of the health insurer Centene, which is the biggest seller of individual coverage offered on the ACA’s public exchanges. Centene provides coverage to about 1.9 million “exchange members across 20 states,” the health plan reported last week.
Centene and other insurers are reporting improving profit margins that in the early years of Obamacare were either flat or negative with some health plans retreating from certain markets or leaving the ACA’s exchanges all together.
Insurers are growing their Obamacare businesses these days.
“Our marketplace...
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