CHIR Report Gives Insurance Brokers’ Perspectives on Marketplace Changes

The Georgetown University’s Center on Health Insurance Reforms (CHIR) published a report last week about market changes and consumer responses to recent ACA policy changes by the Trump administration. The article highlighted views from insurance brokers and agents to discuss individual reactions to the ACA budget cuts for outreach funding and enrollment assistance, as well as the encouragement of alternative coverage and the repeal of the individual mandate penalty. The brokers who sell health coverage to individuals concluded that healthy, high-income consumers are currently being pushed out of the individual health insurance market and are purchasing cheaper alternative coverage options. They also predict higher premiums in the individual market and expanded enrollment in alternative coverage options, such as short-term health plans which have been expanded by the Administration. To read more about these trends, check out the article entitled “Views From the Market: Insurance Brokers’ Perspectives on Changes to Individual Health Insurance.”