Fierce Healthcare February 8, 2024
Enrollment in individual market plans continues to grow, with a record high of 21.3 million people signing up for plans during the most recent open enrollment period.
Much of that, however, is due to expanded premium subsidies, which launched during the pandemic and were extended through 2025. Officials at Oscar Health, which has reaped the benefits of growing ACA enrollment, said Wednesday that they’re planning for a potential future where those subsidies are no longer in place.
When asked about the possibility of the ACA subsidies being withdrawn during its earnings call, Oscar’s CFO Scott Blackley said that Oscar considers the ACA to be a good place for growth.
“We had some interesting looks at our data this open enrollment...