Healthcare Dive reports that the US Centres for Medicare & Medicaid Services (CMS) plans to require stricter checks on income and residency before granting subsidies for Affordable Care Act (ACA) health plans. The agency expects the change could see over 300,000 people leave ACA plans each year.
This move could mean lower enrolment and more administrative work for insurers and health plan administrators. Companies may need to adjust forecasts and prepare for more churn as some members lose eligibility. The change may also affect risk pools and pricing strategies for health insurers.
