Employers are likely to adopt private health exchanges in growing numbers, seeking to save money and meet consumer demands. Health plans will have to invest in IT and re-orient their sales efforts to the individual.
Health plans that have struggled to find success in the health insurance exchanges have taken the wrong approach, a health plan CEO says. They're acting as if the customers are like those from the employer-driven market.
Now that health plans have a better understanding of what it is required to do business under the Affordable Care Act, they are likely to increase premiums and more will pull out of the exchanges, some analysts say. They also question the viability of the individual...
The GOP proposal to replace the Affordable Care Act includes a penalty for forgoing insurance that can be higher than the current charge. As many as 30 million people could be affected, according to a Commonwealth Fund analysis.