Key Insurers Expect To Lose Nearly 3M Combined ACA Enrollee By End Of 2026
Key publicly traded insurers reported in recent earnings calls that they expect to lose nearly 3 million enrollees combined by the end of 2026, buoying stakeholders’ fear that the loss of the enhanced tax credits will drive more people from the marketplace than the 1 million fewer signups reported by CMS
While CMS’ mid-January snapshot showed that about 1 million fewer people enrolled in an Affordable Care Act plan during open enrollment compared to last year, insurers in recent earnings calls are echoing state exchange officials’ belief that true results will take time, and four large companies reveal they expect at least 2.8 million fewer ACA exchange consumers.
Also, in line with comments from state exchange officials, carriers are seeing more consumers enrolled in less-expensive bronze plans, which have higher co-pays and deductibles.
