While some insurers gave up on the ACA marketplace due to higher-than-expected losses in the first couple years, others that have stuck around have been able to generate profits.
After the initial disruption caused by the Affordable Care Act, the individual insurance market appears to have stabilized and increasingly resembles the group market, finds an analysis by the Commonwealth Fund.
Historically, individual plans have been cheaper due to the fact that insurers could deny coverage to those with expensive medical conditions. When the ACA prohibited that practice, premiums and per-member spending in the individual market predictably shot up.
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