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Second Quarter Earnings Calls Offer Glimpse of How Insurers Are Faring on ACA Marketplaces, and What 2017 Might Bring
The Commonwealth Fund
Sept. 7, 2016 "While Cigna and Anthem reported losses from their individual market business, neither insurer has yet signaled a retreat from the ACA marketplaces, although Anthem indicated that it is waiting for premium rate approvals from state regulators before making final decisions. Cigna has told investors that they expect to improve their profitability in the marketplaces next year and over the long-term, while acknowledging that the marketplaces are still 'volatile.' Centene reported 'favorable' and Molina 'satisfactory' experiences on the ACA's marketplaces. Centene suggested they would look to expand in 2017 and beyond." MORE >> |
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