Share Your Thoughts What do you think of insurers expanding their offerings in the Affordable Care Act marketplaces? Would you like to have more options? Join the conversation below.
“The market is now clearly stabilizing,” said Mario Schlosser, chief executive of Oscar. Oscar has proposed premium decreases in three states for next year. This year, the ACA’s financial penalty for people without health coverage went away, a fact that was likely a factor in the individual-plan enrollment decrease from 2018, said Cynthia Cox, a vice president at the Kaiser foundation.
But, she said, her current consulting contract will end later this fall, and she may drop her ACA coverage again then. Without the federal tax credit, “the insurance premiums are superhigh,” she said.
With Centene among the many insurance companies planning to expand in the coming year, equilarinc notes that CEO Michael Neidorff was awarded $26,122,414 in 2018. This was a 3% increase in pay from his previous year's salary. $CNC execpay corpgov
Just imagine if the GOP hasn't spent about a decade sabotaging the ACA.
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