Discover and read the best of Twitter Threads about #SilverSwitching
Most recents (4)
@HoarseWisperer If you’re interested, I’ll tell you the story of how Trump was so incompetent at sabotaging the ACA he accidentally improved it (sort of).
@HoarseWisperer Sorry, it’ll have to wait until tomorrow. I’ll start at this point, though, so check back here...
@HoarseWisperer Here’s a teaser: There was a court ruling about it today, though it didn’t get much attention.
📣 This morning the Trump Admin issued a press release crowing about #ACA premiums dropping 4% thanks to their supposedly brilliant management.
I need to clear up a few things about this. 1/
I need to clear up a few things about this. 1/
First of all, it’s important to note that the 4% drop refers specifically to *benchmark Silver plans* only, and only includes 39 states. It also only includes exchange-based enrollment. These factors limit it to < 40% of total #ACA-compliant individual market enrollment. 2/
When you include *all* metal levels for *all* states both on & off-exchange, the weighted avg is ⬆️ 0.1% instead of ⬇️ 4.0%.
Obviously that’s still far better than double-digit increases, but it’s important to be as comprehensive & accurate as possible.
acasignups.net/rate-changes/2…
Obviously that’s still far better than double-digit increases, but it’s important to be as comprehensive & accurate as possible.
acasignups.net/rate-changes/2…
🗣 THREAD: A Kinda, Sorta Deep Dive into the 2020 NBPP! acasignups.net/19/04/19/kinda…
The #NBPP2020 is a long, wonky document from CMS which basically lays out the rules for the 2020 #ACA Open Enrollment period. Most of it is basic stuff like setting the dates (Nov. 1 - Dec. 15th) and the like, but it also makes some tweaks to the subsidy formula and so forth. 1/
As you can imagine, some of these changes are pretty benign, but others will have big implications for #ACA enrollees in 2020. There's a total of 17 items on the list, a few of which I actually don't understand well enough to comment on, but let's take a look at the rest! 2/
⚠️ THREAD: When the dust settles on the 2019 Open Enrollment Period, total enrollments will likely be ~11.4M on exchange, plus perhaps 3M off-exchange. Of the 14.4M total, around 13M (90%) will actually pay their premiums. 1/
Of those 13M people, around 4.2 million will be unsubsidized & have to pay full price...and that full price will average around $49/month higher in 2019 than it would have been if Trump & the GOP hadn't repealed the individual mandate & opened the floodgates on #ShortAssPlans. 2/
This is the case even in states where 2019 premiums are *dropping* in 2019 (or staying flat)...they would have gone down *even more* without those changes. Many of the carriers have stated this specifically in rate filings, w/many including actuarial data to support it. 3/
