Private Insurers’ Increasing Confidence in Obamacare

Jason Millman: “President Obama’s top health official announced that the new health insurance marketplaces have seen a 25 percent increase in the number of insurers planning to sell coverage in the upcoming 2015 enrollment period, which administration officials cited as a sign of the private market’s confidence in the Affordable Care Act.”

“Health and Human Services Secretary Sylvia Mathews Burwell announced the figure during a speech at the Brookings Institution, where she said the Affordable Care Act is succeeding based on key metrics nearly one year into the law’s coverage expansion.”

“Participation in the 36 states using … HealthCare.gov is expected to increase from a combined 191 insurers in the 2014 enrollment period to 248 in 2015, according a HHS report issued Tuesday. Eight states running their own marketplaces will see insurer participation increase from 61 last year to 67 in 2015.”

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