Possible Expiration of Pandemic-Era Measures Among Drivers of 2023 Health Insurance Premium Changes
WASHINGTON, June 22, 2022 /PRNewswire/ — The American Academy of Actuaries has released a public policy issue brief that points to the possible expiration of two signature pandemic-era measures that boosted health insurance affordability and coverage as among the drivers of potential premium changes for individual and small group plans in 2023.
“Proposed health insurance premium rates reflect many factors, which can include the effects of legislative and regulatory changes,” said Academy Senior Health Fellow Cori Uccello. “This is especially true for 2023 rates, due to the possible expiration later this year of enhanced Affordable Care Act (ACA) premium subsidies and of a key support of Medicaid coverage during the pandemic.”
The issue brief, developed by the Academy’s Individual and Small Group Markets Committee, Drivers of 2023 Health Insurance Premium Changes, discusses these key factors and others that may account