“You have this situation today where, you know, one out of six Americans actually stays In a job they would otherwise leave for fear of losing their health care coverage.”
quote is from the automated transcript, cleaned for reading:
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More from Chris Ellis
Insight
Chris Ellis: Healthcare is shifting from defined benefit to defined contribution
“And so we're seeing signs that the same shift from defined benefit to defined contribution that we saw in retirement happening, happening here in, in healthcare.”
Chris EllisNov 14, 2024▶ 9:01The Future of Health Insurance in a Work Remote World
PredictionNot checkable as stated
Ellis: ICHRA will be health insurance's primary growth tailwind for 10 years
“And there's only one pocket of growth that is small today, but is seeing triple-digit growth year over year. That could be that next big secular tailwind for the next 10 years.”
Chris EllisNov 14, 2024▶ 14:24The Future of Health Insurance in a Work Remote World
PredictionNot checkable as stated
Ellis: ICHRA is here to stay despite potential regulatory shifts
“Like I think IPRA is here to stay, but there are certainly things that you know, are coming that could affect could affect the business model and the market overall.”
Chris EllisNov 14, 2024▶ 18:28The Future of Health Insurance in a Work Remote World
AssertionPartly supported
Ellis: Enhanced IRA subsidies grew individual health market from 11M to 21M
“The government created these enhanced subsidies for the individual market that allowed individuals to take advantage of more and more government help to purchase individual plans, and this had the effect of both increasing the total participation from around 1…”
Chris EllisNov 14, 2024▶ 18:47The Future of Health Insurance in a Work Remote World
PredictionNot checkable as stated
Ellis: On-exchange and off-exchange health markets may soon decouple
“And so we may see a decoupling of the on exchange and the off exchange markets quite soon.”
Chris EllisNov 14, 2024▶ 19:51The Future of Health Insurance in a Work Remote World
PredictionNot checkable as stated
Ellis: Expanding individual health rails will make launching insurance startups easier
“When you play this forward, you know, 10, 2030 years, one of the things that gets us really excited is this idea That it will be a lot easier to start a health insurance company and to create a competitive product.”
Chris EllisNov 14, 2024▶ 21:27The Future of Health Insurance in a Work Remote World
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