Modern Healthcare Quotes Joel Ario on Private Health Insurance Exchanges
"Ready for Takeoff?"
August 4, 2012 - Modern Healthcare quoted Manatt's Joel Ario, a managing director with Manatt Health Solutions, on private health insurance exchange models.
Modern Healthcare reports that the Affordable Care Act requires publicly operated health insurance exchanges to begin enrolling beneficiaries in all 50 states by fall 2013, and the launch of public health insurance exchanges in the states next year could presage a broader movement to private insurance marketplaces.
Most existing exchanges are little more than a single insurer offering different plan options of the employees of a single company. Some industry insiders think there is a possibility that large private exchanges will emerge where multiple insurers offer competing products to the employees of multiple companies.
Ario is more skeptical. "That model in concept exists, but I don't know anybody in the private exchange side yet who has been able to get the insurers to play in that game because they are kind of competing against themselves," said Ario.