What Factors Will Impact 2021 Individual Market Premiums?
AHIP May 29, 2020
WASHINGTON, D.C. – All Americans deserve access to affordable, comprehensive, high-quality care. With discussions around premium costs in the individual market for 2021 underway, there is a growing and understandable concern about the impact of COVID-19 on the nation’s health care system, increasing costs of medical care, and other issues. To help clarify the various factors affecting 2021 premium rates in the individual market, AHIP has released a detailed infographic aimed at identifying these factors and the role they play in 2021 rates.
“COVID-19 has had a very real impact on the economic, physical, and mental health of millions of Americans,” said Jeanette Thornton, senior vice president of Product, Employer, and Commercial Policy at AHIP. “Our...