In this paper, we provide our observations on the impact of COVID-19 on ACA markets by summarizing data collected through December of each benefit year in the 2019 and 2020 Wakely National Risk Adjustment Reporting (WNRAR) project. The WNRAR project collects summary level risk adjustment data from over 70 health insurance issuers across over 30 states and provides participants with detailed reports several times throughout the calendar year.
Key items include:
Changes in ACA enrollment
Changes in claim metrics
Changes in risk scores
Comorbidity of COVID-19 members
Regional differences
Metal plan differences
This is an update to our prior papers, which you can read here:
A Look at the Impact of COVID-19 on ACA Markets [January 2021]
Impact of COVID-19 on ACA Markets [Oct 2020]