Friday, July 26, 2013

Quote of the Day

“Between 80% and 90% of people coming into the exchanges are going to be people who will be bouncing on and off Medicaid rolls and other sources of insurance at some point during the year. So if you’re [an insurer] participating in an exchange, but don’t have a Medicaid product on the other side of the poverty limit, then you are looking at losing one-third to one-half of your membership in churn every year.”

— John Gorman, Chairman and Founder of Gorman Health Group, told the audience at his firm’s recent annual forum outside Washington, D.C.

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