Here six things to know:
1. Payers borrowed almost $6.4 billion at the end of 2015, a stark increase from $3.3 billion in the first quarter of 2011.
2. The top 10 payers used almost 50 percent of their borrowing capacity as of the end of 2015.
3. Many payers have increased their borrowing capacity because of losses suffered from ACA exchanges. UnitedHealth reported it expected losses totaling $1 billion from participating in ACA marketplaces, leaving the payer to exit ACA exchanges in Georgia and Arkansas in April.
4. In May, Humana gave notice it may leave some ACA exchanges in 2017 after finding many of their customers were sicker than expected and struggling to attract healthy, younger enrollees.
5. Aetna lost more than $100 million on the ACA exchanges last year.
6. From 2011 to 2015, the average borrowed-money-to-capital ratio for health operating companies increased from 3.2 percent to 5.2 percent.
More articles on coding & billing:
Alaska House passes $55 million bill to stop collapse of health insurance market: 7 points
Will the bronze plan disappear soon? 4 takeaways
Ex-IRS official says agency had doubts over ACA payments’ legality — 5 things to know
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.