In 2021, Ohio now has multiple insurers in every county for the 1st time since the ACA was implemented in 2014. Premium rates are expected to be in the single digits and/or be reduced in many areas. However, with flat or declining renewals, federal premium subsidies are expected to decline. The net result to clients with APTC credits will be some offset to the lower base premiums.
Just when you think the insurers are losing interest, they surprise us!
Stay tuned for more ACA developments!