From Health Plan Weekly
Despite the Dept. of Justice's refusal to defend the Affordable
Care Act (ACA) against the latest challenge to its constitutionality, industry
experts say they don't expect significant entries or exits for 2019.
"We see this playing out over a long period of time," says Lindy Hinman, a senior vice president at Avalere Health. "It's unlikely that plans will dramatically change their premiums [or strategies] as a result of what's going on at the federal level," though they "might boost their premiums a bit" for 2019 because of continuing uncertainties.
Hans Leida, principal and consulting actuary in the Minneapolis office of Milliman, Inc., says the market as a whole has remained remarkably resilient in the face of all the uncertainty and his client plans are "taking something of a wait-and-see approach, which has become common."
While some insurers' preliminary premium rate hikes for next year's exchanges in various states are making headlines, some plans have higher increases and "others have lower increases because they overshot the mark last year," Leida notes.
"That is really what you’d expect in a market that has this much change and uncertainty happening," he says. "And change can happen very rapidly in this market, whereas health plans can only change their rates once a year, so you're always playing this game of trying to figure out what the future holds for you."
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