Payer losses may double on ACA exchange in 2015, but market may remain viable — 5 things to know

Preliminary data suggests payer losses nearly doubled on the Affordable Care Act marketplaces in 2015, according to The Hill.

Here are five things to know:

1. A McKinsey & Company study found payers had a margin of -4.8 percent on the ACA marketplaces in 2014.

2. This 2014 figures translates to a $2.7 billion overall loss.

3. Despite steep losses, not every payer lost money. In 2014, there was at least one profitable payer in the market in 45 states.

4. Thirty percent of insurers around the nation were profitable in 2014.

5. The 2014 data suggests there is a viable way for insurers to be profitable on the ACA marketplaces going forward.

"This report confirms two important lessons that we've learned from recent experience: health insurance companies can be and frequently are profitable and the Marketplace is here to stay," said Department of Health and Human Services Spokesman Ben Wakana in a statement.

More articles on coding & billing:
Medicare, escalating out-of-pocket costs & more — 5 health issues the presidential candidates should be addressing
Rural residents may be out of luck for ACA exchange options in 2017 — 7 observations
CMS officials hold MACRA discussion with family physicians — 5 takeaways

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