In the fast-evolving landscape of healthcare and employee benefits, employers often find themselves navigating a labyrinth of choices and compromises. Health insurance serves as both a fundamental necessity for employee well-being and a persistent source of financial...
New Analysis: How the ACA’s HIT Will Impact 2020 Premiums
The one-year moratorium for fully-insured plans is set to expire in 2020, with a higher than ever ($16 billion) fee. It is expected that insurers will increase their premiums to cover this cost. The Everlong Group Medical Captive is a self-funded captive that is not at the mercy of the insurers and their ever-increasing premiums.
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New Analysis: How the ACA’s HIT Will Impact 2020 Premiums
Oliver Wyman Health
According to our analysis, the HIT will lead to a 2.2 percent increase in premiums in 2020 and in subsequent years.
The ACA’s HIT applies to all insurers offering fully insured coverage, including plans sold via the on-exchange and off-exchange individual market, large and small group markets, and any insured public programs, including Medicare Advantage, Medicare Part D, and Medicaid Managed Care.
Read More: https://health.oliverwyman.com/2018/08/new-analysis–how-the-acas-hit-will-impact-2020-premiums.html
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