Study: Insurers returning to pre-ObamaCare profitability

[Yo_Mama_Been_Loggin]

Insurers in the individual market performed better financially in the first six months of 2018 than they have in all of the years of the Affordable Care Act, according to a brief released Friday.

The brief from the Kaiser Family Foundation shows insurers returning to the levels of profitability seen before the passage of the ACA, but notes recent actions from the Trump administration "cloud expectations for the future."

"Results from mid-2018 suggest that despite significant challenges, the individual market remains stable and insurers are generally profitable," the brief reads, showing no signs of a "market collapse."

Insurers increased premiums for the 2018 plan year, in some cases by double digits, in anticipation of "uncertainty" about what Congress and the administration would do to the ACA and the administration's cancelation of key insurer payments, the brief said.

"Without these policy changes, it is likely that insurers would generally have required only modest premium increases in 2018," the brief said.

https://thehill.com/policy/healthcare/410133-study-insurers-returning-to-pre-obamacare-probability

[Guppy]

1. Ask every republican

why should an individual business owner with only himself as the employee have to pay more that a business with 2 employees. They are shocked when you tell them that. None of those blockheads even know that is how the market works.

[riversedge]

2. so, according to this, it was the Trumpy adm. that caused the BIG 2018 increases!!

[MineralMan]

3. My wife got a refund check from Blue Cross for more than a month's

premium recently. They hadn't made their 80% payouts and had to refund by law.