Cigna, Other Insurers to Reach More Obamacare Markets in 2021 (1)

Sept. 10, 2020, 9:21 PM; Updated: Sept. 10, 2020, 9:34 PM

Nearly a dozen health insurers plan to expand their Obamacare offerings into profitable markets in 2021, according to preliminary data from the Robert Wood Johnson Foundation.

“This is the third straight year where we see net entry by the carriers,” said Katherine Hempstead, senior policy adviser at the health-care philanthropy. “There’s a lot of interest in participating in the marketplace.”

The expansions signal that health plans expect to continue to be profitable in the Affordable Care Act exchanges, as they have been for the past several years. Health insurers also are likely eyeing the ACA markets as a...

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