ACA Open Enrollment Extension May Injure Insurers
Higher losses and premium rates likely to result from ACA open enrollment extensions, Moody's says.
INN Breaking News, April 2, 2014
Last week’s extension of the Affordable Care Act’s open enrollment deadline increases the risk of anti-selection, which will likely lead to higher than anticipated losses for insurance companies and higher premium rates in 2015, according to Moody’s. The credit rating and research group called the latest extension “credit negative” for carriers.
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