Oct 18, 2017
Oliver Wyman partner Kurt Giesa was quoted in a Wall Street Journal story titled “Amid ACA Turmoil, Insurers Brace for Drop in Enrollment.”
Despite significant rate increases in 2017, enrollment in ACA plans by subsidized consumers rose an estimated 5.4% in the second quarter of this year compared with a year earlier, according to Oliver Wyman, a consulting unit of Marsh & McLennan . But enrollment in individual coverage by people not receiving subsidies dropped around 22.4%.
“We will likely see this accelerate in 2018,” said Kurt Giesa, a partner at Oliver Wyman.
Oliver Wyman data was also included extensively in the story. To read the entire article, please click here.