At least 36,000 Obamacare enrollees may have no health plans in their exchanges in 2018.
An analysis of projected insurer participation in the Affordable Care Act health insurance exchanges in 2018 released by the Department of Health and Human Services showed 49 counties without coverage as of June 27.
The situation could change as insurers have until Sept. 27 to submit final signed agreements to participate in the exchanges.
But the numbers of bare counties are rising. An analysis done by the HHS June 9 found 47 counties with 35,000 exchange enrollees without coverage.
Moreover, as many as 1,300 counties, more than 40 percent of counties nationwide, could have only one issuer in 2018. That could impact as many as 2.4 million exchange participants, the HHS said.
The number of insurers participating in the exchanges has declined since they were opened in 2014 due to heavy losses covering a population that has proved to be older and sicker than expected.
And premiums are continuing to rise at a fast clip. After an average 25 percent increase in 2017, early indications are that 2018 premiums will also far outpace inflation. Avalere Health found initial 2018 premium proposals for the most popular silver-tier exchange plans were up 18 percent in eight states compared with 2017.
Republicans in Congress and President Donald Trump are trying to replace major parts of the ACA with legislation that would lower premiums and give states more power over health insurance markets.
About 12.2 consumers enrolled in the ACA marketplaces during the 2017 open enrollment period that ended Jan. 31, the HHS reported.
Read my full article here.
Stay on top of new developments in health law and regulation with a free trial to the Health Law Resource Center.
Learn more about Bloomberg Law and sign up for a free trial.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)