Oct 10, 2017
Oliver Wyman partner Kurt Giesa was quoted in a New York Times story titled, “With Affordable Care Act’s Future Cloudy, Costs for Many Seem Sure to Soar.”
With continuing uncertainty in Congress about the future of the Affordable Care Act, some insurance companies will have steep increases for 2018.
Actuaries said that the higher rates were justified. The insurers “are really struggling,” said Kurt Giesa, a partner with Oliver Wyman, a consultant that has worked with regulators to review rates. “They have been working hard to adapt to what they are faced with right now,” he said.
To read the entire article, please click here.