HCA Holdings: ACA open enrollment is encouraging thus far

Although numerous insurers have said they’re losing money on the exchanges, the CEO of Nashville, Tenn.-based HCA Holdings — the largest U.S. for-profit hospital chain — said he is happy with this year’s ACA open enrollment season, according to Reuters.

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“We are very encouraged by the open enrollment results so far,” R. Milton Johnson said at the J.P. Morgan Healthcare Conference. Mr. Johnson also said he believes a small number of people may drop out of the exchanges during the latter half of the year.

Thus far, approximately 11.3 million consumers have signed up for coverage through the exchanges, according to the report.

Meanwhile, multiple health insurers — including UnitedHealthcare, Cigna and Humana — have said they haven’t made money on the exchanges.

Earlier this week, HCA reported it expects an Adjusted EBITDA of approximately $7.9 billion for 2015, which exceeds its previously issued guidance of about $7.8 billion.

More articles on payer issues:
Cigna, Aetna hired total of 8 external lobbying groups despite Aetna’s departure from AHIP
Special enrollment sessions drive up premiums, insurers say
BCBS of NC: fixes, refunds to come to 25k customers this week

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