Tags: Healthcare Reform | kaiser | healthcare | insurers | regain | profitability | obamacare

Kaiser: Healthcare Insurers on Path to Regaining Profitability in '17

Image: Kaiser: Healthcare Insurers on Path to Regaining Profitability in '17
(Rhona Wise/AFP/Getty Images)

By    |   Thursday, 13 Jul 2017 10:05 AM

Kaiser Family Foundation's analysis of the current healthcare marketplace in the first quarter defies the gloomy rhetoric coming out of Capitol Hill with this one sentence: "These new data offer more evidence that the individual market has been stabilizing and insurers are regaining profitability," Kaiser wrote.

Further, despite all the talk that insurers are fleeing Obamacare, just 25,000 current customers in Affordable Care Act marketplaces are facing the loss of insurers in their communities in 2018, Politico reported.

"We're not seeing any evidence of a death spiral or a market collapse," Cynthia Cox, Kaiser's associate director of health reform, told Politico. "Rather, what it looks like is insurers are on track to have their best year since the [Affordable Care Act] began."

However, just 141 insurers have submitted plans to sell next year, a 40 percent drop from this year and soaring premiums will hit many states.

But Democrats charge that the No. 1 negative driving force of Obamacare is President Donald Trump and his administration.

"The Trump administration has poured gasoline on the fires of uncertainty in the private insurance market," Democratic Sen. Ron Wyden told Politico. "What plans need more than anything else is some predictability and some certainty."

Meanwhile, Senate Republicans continue to push on their legislation, with a revised Better Care Reconciliation Act expected Thursday.

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Kaiser Family Foundation's analysis of the current healthcare marketplace in the first quarter defies the gloomy rhetoric coming out of Capitol Hill with this one sentence: "These new data offer more evidence that the individual market has been stabilizing and insurers are...
kaiser, healthcare, insurers, regain, profitability, obamacare
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2017-05-13
Thursday, 13 Jul 2017 10:05 AM
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