Researchers analyzed payers’ financial performance in the 2016 individual exchange at the industry level and insurer-type level using CMS and National Association of Insurance Commissioners data.
The report found insurers participating in the 2016 ACA exchange did not undergo large margin deterioration as they experienced between 2014 and 2015. As enrollment in the individual market increased about 3 percent and revenues were somewhat higher last year, researchers said insurers’ 2016 losses “appear to be slightly lower” than in 2015.
Researchers concluded “understanding carrier-level dynamics may be critical to determining long-term market sustainability. As additional 2016 financial data is made publicly available, we plan to refine the above analyses.”
For the full report, click here.
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