Healthcare DIVE August 16, 2018
Dive Brief:
Health insurance companies continue inching away from employer-sponsored plans to government-sponsored business. Medicaid managed care and Medicare Advantage plans now make up more than half of health plans’ premiums combined, A.M. Best said in a new report.
Employer plans once dominated the private market, but they dropped to just 38% of total net premiums written (NPW) in 2017.
Medicaid’s NPW grew the most of any health insurance sector over the past 10 years. The Affordable Care Act’s Medicaid expansion pushed Medicaid managed care’s NPW from $43.1 billion in 2007 to $224 billion last year, A.M. Best said.
Today's Sponsors
Today's Sponsor