Insurers Taking ‘Wait and See’ Approach to COVID-19 in 2021 ACA Exchange Rates: Experts

Source: FierceHealthcare

Most insurers on the Affordable Care Act’s (ACA’s) insurance exchanges aren’t factoring COVID-19 into their 2021 rates or believe the pandemic will have a negligible effect, according to several experts, FierceHealthcare reported.

Open enrollment for ACA exchanges on the individual market starts Nov. 1, and premiums are likely to either slightly rise or decline across the country. Insurers are trying to decipher how the pandemic will affect healthcare costs next year after COVID-19 caused a massive drop in use earlier this year.

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