Overall, it’s not a completely awful report: Enrollment seems to have held steady at roughly its January pace. However, it was supposed to accelerate. Even more worrying is the lack of significant improvement in the demographics. Unless we get a huge rush of young people signing up at the last moment -- which is entirely possible -- the insurance pool is going to be much older than expected, and that probably means it will be much more expensive than projected. In that event, either the federal government will have to make big payments to insurers through its risk-adjustment programs, or the price of policies will probably rise significantly next year.
Posted on: Fri, 14 Mar 2014 01:41:17 +0000
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