In the Kaiser Family Foundation's analysis, 2021 Medicare Advantage earned the highest per-person, average gross margin of $1,730 per enrollee in 2021, similar to the pre-pandemic years 2018 and 2019 and more than double the gross margins reported across the individual, group and Medicaid managed care markets. Medical Loss Ratios (MLR)...Arizona News
This week the Urban Institute published a report that captures how Americans stayed insured during the COVID-19 Pandemic, while other outlets shared news on the pros and cons of Association Health Plans for small employers and how ACA consumers who don't qualify for subsidies are still paying record high premiums.
The study concluded...Arizona News
About 8.3 million Americans signed up or were re-enrolled in plans on HealthCare.gov during the 2020 open enrollment period (OEP), down about 5% year-over-year.
Arizona stayed on trend with a 5% enrollment decrease as only 153,020 residents selected or were automatically re-enrolled through the HealthCare.gov platform by the end...Arizona News
Last week, the Centers for Medicare and Medicaid Services (CMS) announced the average premium for benchmark silver plans in the Affordable Care Act (ACA) exchanges dropped by 1.5 percent for the 2019 benefit year - the first premium drop since HealthCare.gov opened for business in 2013.
In Arizona, consumers will have more plans...National News
Researchers studied financial data reported by insurance companies to the National Association of Insurance Commissioners and compiled by Mark Farrah Associates to look at the average premiums, claims, medical loss ratios, gross margins, and enrollee utilization from first quarter 2011 through first quarter 2017 in the individual...