The Patient Protection and Affordable Care Act opened up the possibility of buying health insurance to millions of Americans who, for whatever reason, were uninsured before – to the tune of 8 million enrollees in PPACA health exchange plans as of early May.
However, some of those 8 million new policy owners were no doubt enrolled previously in a different plan, whether employer-based or individually bought.
Frank Bird, vice president of MDS Consulting, doesn’t think the industry will see any large increases or decreases in the coming year.
“I think people are positioning themselves strategically for where they want to put their efforts,” Bird says. “The carriers are really looking for predictability, and there isn’t much of that in the exchanges right now.”