An Insurance Exodus From Obamacare Could Come in 2017
Starting in 2017, insurers will need to charge premiums for exchange plans that are high enough to cover their costs without subsidies
By Heritage Foundation Jean Morrow—— Bio and Archives--May 4, 2016
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UnitedHealthcare’s decision to not offer Affordable Care Act exchange plans next year in “at least 26 of the 34 states where it sold 2016 coverage” may soon be followed by similar announcements from other health care insurers.
At least that is one implication that can be drawn from the findings reported in a new paper analyzing the performance of insurers that offered exchange coverage in 2014.
The paper’s authors—Heritage Foundation senior research fellow Ed Haislmaier, Mercatus Center senior research fellow Brian Blase, and Galen Institute senior fellow Doug Badger—examined enrollment and financial data for the 289 Qualified Health Plans sold on the exchanges in 2014.
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