Rising health care costs have resulted in a growing demand for government interventions that would increase access to health care and improve affordability. (Photo: Shutterstock)
A new analysis by Moody's Investors Service said that increased government regulation poses the largest long-term risk to profitability in the insurance industry. However, the report notes the industry is facing challenges on several levels: not only are lawmakers considering changes such as a public option, but the Affordable Care Act (ACA) could be repealed by an upcoming Supreme Court decision—creating disruption and uncertainty for insurers, employers, and consumers. And the ongoing COVID-19 pandemic has ongoing costs and risks for insurers' bottom lines.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
