Jan 28, 2021 4:54pm
Health insurers' concerns about adverse selection from a new special enrollment period for the Affordable Care Act exchanges appear to be allayed by a renewed commitment to advertising and outreach, experts say. (Valeriya/Getty)
Insurer groups are praising President Joe Biden’s move to create a three-month special enrollment period despite concerns about the potential for adverse selection.
The support means insurers likely believe they could get a large enough pool of new sign-ups to mitigate any changes to the risk pool, several experts said. Biden signed an executive order Thursday that creates a special enrollment period from Feb. 15 to May 15.