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More Than One Million to Lose ACA Plans

At least 1.4 million people in 32 states will lose the Affordable Care Act (ACA) plan they have now.
More Than One Million to Lose ACA Plans
October 19, 2016

At least 1.4 million people in 32 states will lose the Affordable Care Act (ACA) plan they have now, according to state officials who spoke with Bloomberg, due to exits by Aetna, UnitedHealth, and state or regional insurers providing individual coverage.

An Oct. 13 S&P Global Ratings report predicted that enrollment next year could range from an 8 percent decline to a 4 percent gain. For the people losing plans, there are fewer choices. One estimate by the Kaiser Family Foundation predicts that for at least 19 percent of the people in the ACA’s individual market next year there will be only one insurer to choose from.

The U.S. agency that oversees Obamacare has said that some disruption is normal, and that choosing a new plan can help people get the best deal. “It’s part of the normal business cycle for insurers to discontinue, change, and replace plans from year to year,” said Benjamin Wakana, a spokesman for the Department of Health and Human Services (HHS). HHS said that it will contact people losing their coverage and encourage them to sign up with new plans. The law requires all Americans to have insurance or pay a fine.

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