On State Exchanges, Health Insurers Eager to Join, Wary to Operate

Representing an estimated $60 billion in premiums next year alone, health insurers said they were enthusiastically preparing to offer plans in state health insurance exchanges by October this year, but expressed concerns related to constricted timetables, lack of information and cross-compatibility concerns across multiple states’ platforms, according to a report by healthcare software company Edifecs.

The report, “HIX (Health Insurance Exchange) Insights From the 2013 Healthcare Mandate Summit,” (pdf) stated 95 percent of the more than 125 responding healthcare leaders said they would participate in at least one exchange — which is a fundamental provision of the Patient Protection and Affordable Care Act — but 69 percent rated “poor” or worse the information coming from states about their exchange platforms, which are expected to vary widely and limit the number of state exchanges in which insurers will offer plans, according to the report.

On State Exchanges, Health Insurers Eager to Join, Wary to Operate

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