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Insurers don’t appear to be sweating possible adverse selection from new ACA open enrollment period: experts
Fierce Health Payers January 28, 2021
Insurer groups are praising President Joe Biden’s move to create a three-month special enrollment period despite concerns about the potential for adverse selection.
The support means insurers likely believe they could get a large enough pool of new sign-ups to mitigate any changes to the risk pool, several experts said. Biden signed an executive order Thursday that creates a special enrollment period from Feb. 15 to May 15.
“The global pandemic has just intensified the value of health insurance for everyone, making it much more clear at any moment you could get sick,” said Michael Kolber, a partner with law firm Manatt Health, in an interview with Fierce Healthcare.
America’s Health Insurance Plans, the top insurance lobbying group, praised the...
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