Open enrollment to see up to 13% decrease in signups this year, S&P says

S&P Global Ratings predicts enrollment on the 2018 ACA exchanges will be between 7 percent and 13 percent lower than last year.

S&P analysts estimate between 10.6 million and 11.4 million enrollees will choose a plan on the public market in the upcoming enrollment period. This is down from 12.2 million enrollees tallied during the 2017 open enrollment season.

"We are forecasting fewer people signing up in 2018 than during previous open enrollments. Our forecast took into account multiple factors, including the expectation of reduced active outreach at the federal level, a reduced broker presence in the individual market, shorter enrollment periods and higher nonsubsidized premiums," the analysts said.

More articles on payer issues:
CMS proposes ACA benefit changes for 2019: 7 things to know 
What's looming behind the proposed CVS Health-Aetna deal 
Health Partners Plans names Geralynn Boone VP of Medicare clinical operations: 5 takeaways 

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months