Insurer Warnings Cast Doubt On ACA Exchange Future

[Purveyor]

Political uncertainty isn't the only threat to the Affordable Care Act's future. Cracks also are spreading through a major pillar supporting the law

Health insurance exchanges created to help millions of people find coverage are turning into money-losing ventures for many insurers.

The nation's largest, UnitedHealth Group Inc., could lose as much as $475 million on its exchange business this year and may not participate in 2017. Another major insurer, Aetna, has questioned the viability of the exchanges. And a dozen nonprofit insurance cooperatives created by the law have already closed, forcing around 750,000 people to find new plans.

More insurer defections would lead to fewer coverage choices on the exchanges and could eventually undermine the law, provided the next president wants to keep it.

However, insurance experts aren't writing an ACA obituary yet: Enrollment is growing and appears to getting younger in some markets, a crucial factor for stability. Insurers also are learning more about their new customers and adjusting their coverage to do better financially. The future of the exchanges depends on whether those improvements continue and some other, big worries ease.

MORE...

http://hosted.ap.org/dynamic/stories/U/US_INSURANCE_EXCHANGES_CLOUDY_FUTURE?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-02-26-13-08-43

[Baobab]

1. Wow, right on schedule..

These things have always lasted four or five years and then failed.. always for the same reasons..

http://www.pnhp.org/states_flatline/State%20Health%20Reform%20Flatlines%20IJHS%20-%202008.pdf

[vinny9698]

2. Another RW attempt to repeal the ACA

Just like the oil companies came out against climate change, even when they knew it was real.
RW stoop to any tactics unethical and illegal to get their policies to maximize their profits, damn the negative consequences
The steady drum beat of the RW media of Clinton being a liar and those made up scandals. she had Vince Foster killed, she somehow made $100,000 over cattle futures, yet if a white guy had done it, he would be considered a business marvel.
The GOP has called wolf on the Clinton's so many time, that if a real scandal came out, it would be dismiss as another made up scandal. Like the boy who cried wolf. Yes GOP keep calling that wolf see if he really shows up. No wolf as of yet.