while insurer financialperformance declined slightly from the first quarter of 2018 to2019, margins were still higher than all other previous yearsthrough 2017. (Photo: Shutterstock)
Despite dire predictions that the Trump Administration's policychanges would collapse the Affordable Care Act exchanges, theACA-compliant individual insurance market continues to be stable –and insurers are generally profitable, according to an analysis by the Kaiser FamilyFoundation.
“One concern about the effective repeal of the individualmandate that took effect for 2019, along with the expansion ofshort-term plans, was whether healthy enrollees would drop out ofthe market in large numbers,” the authors write. “The still-modestgrowth in claims costs during the first three months of 2019suggests that these policy changes did not cause as many healthyenrollees to leave the individual market as was feared.”
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
