Close Close
ThinkAdvisor

Life Health > Health Insurance

Analysts: Off-exchange health market needs windows

X
Your article was successfully shared with the contacts you provided.

Analysts are wishing they had better information about what’s happening in the individual health insurance market outside of the public exchange system. 

See also: CDC finds weakness in off-exchange health enrollment

Joel Ario, a health compliance specialist at Manatt Health Solutions, and Katherine Hempstead, an analyst at the Robert Wood Johnson Foundation, talked about the off-exchange market data gap at the winter meeting of the National Association of Insurance Commissioners (NAIC).

The NAIC’s Health Insurance and Managed Care Committee included a summary of Ario and Hempstead’s remarks, which took place at a committee session in November 2015, in a packet of materials for the NAIC’s upcoming spring meeting in New Orleans. The committee is preparing to hold a session at the meeting on Monday.

During the winter meeting session, Ario and Hempstead talked about their efforts to develop public, relatively easy-to-use data sets with information on individual PPACA exchange plans.

Ario and Hempstead reported that they are unable to create similar data sets for the off-exchange individual market, even though this market is larger than the individual exchange market in many states.

Because of the data lag, and the size of the off-exchange market, “The lack of transparency about this market will be a growing problem for consumers and regulators,” the speakers told the committee, according to the session summary.

See also:

Ario to NAHU: Agents Likely to be Part of Exchange System

PPACA: Ario to Lead Health Exchange Construction

Have you followed us on Facebook?