US insurtechs remain optimistic that the Obama-era Affordable Care Act (ACA) will persist, despite significant opposition from conservatives in Congress. With the health law stimulating rising premiums in the marketplaces, a number of health insurance start-ups have taken steps to offer additional ACA plans. The most prominent is Anthem’s (AQP) Blue Cross and Blue Shield plan, which has been offering plans with lower deductibles for years. More established insurers are also taking steps to offer additional ACA plans.
US insurtechs remain optimistic that the Obama-era Affordable Care Act (ACA) will persist, despite significant opposition from conservatives in Congress. With the health law stimulating rising premiums in the marketplaces, a number of health insurance start-ups have taken steps to offer additional ACA plans. Among those putting faith in the act remaining law are venture capital-backed Bright Health and well-known health care start-up Oscar. More established insurers are also taking steps to offer additional ACA plans.