News Briefs

✦ As of March 15, 10.7 million people had effectuated coverage in the Affordable Care Act exchanges, according to new data released by CMS on July 23. Total effectuated enrollment — encompassing people who selected a plan, paid their first month’s premium, if applicable, and had coverage in February 2020 — increased by about 1% compared with total effectuated enrollment for February 2019. Visit https://go.cms.gov/39kximS to learn more.

✦ Enrollment for Nebraska’s Medicaid expansion program will begin Aug. 1, according to local news reports, with coverage slated to begin Oct. 1. Nebraska voters approved Medicaid expansion in November 2018, but the implementation was delayed amid the state’s ultimately abandoned attempt to get CMS approval for a Section 1115 waiver, Credit Suisse analyst A.J. Rice pointed out in a July 21 note. Anthem, Inc., Centene Corp. and UnitedHealth Group cover about 230,000 Medicaid lives combined in Nebraska, and the expansion of eligibility will add about 90,000 lives, Rice said, though he noted the additional lives will have a very small impact on those firms’ earnings. Email Rice at aj.rice@credit-suisse.com.

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