Individual Market Stabilization (Medicaid Expansion Analysis)

Focus Area: Medicaid & Health Policy

Category: Medicaid Expansion, Reinsurance

Date Published: 2018

This report finds that Montana’s Medicaid expansion had a significant impact on the insurance market, resulting in an estimated 10,000 to 15,000 people shifting from the individual market to the Medicaid program, and likely resulting in lower premiums on the individual market. According to the report, ending Medicaid expansion could result in 2020 premium increases of approximately 4%-7%. This report was commissioned by MHCF as part of their ongoing work to identify ways to control prices on the individual health insurance market. The report was released in Aug 2018 and completed by Wakely Consulting Group.