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January 08, 2014 at 12:27 PM
Insurance rating agencies could have a good idea of how public exchange plan issuers are doing soon.
Stephen Zaharuk, a senior vice president at Moody’s Investors Service, talks about efforts to track the Patient Protection and Affordable Care Act exchange plans in a new commentary.
Moody’s is expecting insurers to sell much of the new individual and small-group coverage through the PPACA exchanges, in the form of commercial “qualified health plans.”
This year, carriers also will have to come up with a total of $8 billion to pay a new PPACA “assessment.”
Whether carriers have done a good job of building assessment costs into their premiums fairly early in the year, Zaharuk writes.
One question is how well states will help the carriers that run Medicaid managed care plans pay their share of the assessment, Zaharuk says.
Zaharuk expects to have QHP enrollment information soon after the end of the open enrollment period, which run through March 31.
