ACA Enrollment Targeting Young People in Fourth Signup Period
October 17, 2016
The ACA’s fourth signup period seen as an increasingly important test for the fate of the marketplace; A low cost-of-living adjustment may concentrate costs among the highest-earning Medicare beneficiaries; U.S. industrial production barely rose in September.
- The Affordable Care Act’s fourth signup period, which begins Tuesday, Nov. 1, is seen as an increasingly important test for the fate of the marketplace. The Obama administration outlined some of its enrollment strategy to primarily prioritize enrolling young people, who tend to have fewer costly health problems. However, some trouble could occur according to analysts at S&P, who recently released a report this week projecting that enrollment figures could flatline or decline over the next year. [The Hill]
Economic Indicators & News
- A low cost-of-living adjustment may concentrate costs among the highest-earning Medicare beneficiaries. A high figure would spread the rising health-care costs over a greater number of people, while a low figure would concentrate costs among the highest-earning Medicare beneficiaries. However, since inflation has been low, the cost-of-living adjustment is widely expected to be small. This would mean that most beneficiaries have little to worry about. [WSJ]
- U.S. industrial production barely rose in September. Rebounds in manufacturing and mining were offset by weak demand for utilities. the mixed report from the Federal Reserve on Monday suggested that the industrial sector downturn has probably run its course. Gains in output are likely to be muted as the sector remains constrained by the lingering effects of the dollar’s past rally, a collapse in oil prices and weak global demand. [NY Times]