Insurers Press Feds To Pump Billions Into Shaky Aca Markets

By TOM MURPHY, AP Health Writer, Seattle Post-Intelligencer: Business
Wed, 07/26/2017 - 10:39am

The government must shell out billions of dollars if policymakers want to stabilize health insurance markets created by the Affordable Care Act. Insurers also want the government to pour money into a fund that helps them cover expensive claims they're seeing in the individual insurance market, where they have had a hard time attracting healthy customers to balance bills from the sick. Insurers with deep roots in their communities are reluctant to leave markets, but individual insurance generally amounts to a small slice of their business, especially compared to more lucrative and stable elements like employer-sponsored coverage. Swedish's warning echoes comments made Tuesday by Centene Chairman and CEO Michael Neidorff, who noted that millions of insurance shoppers could be hurt if the government funding is not preserved.

Topics: affordable care act swedish centene chairman ceo michael neidorff insurers billions markets insurance government individual

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Insurers Press Feds To Pump Billions Into Shaky Aca Markets

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