JP Morgan: CA Enrollment News Shows Attrition Offset By New Sign-Ups

Wall Street firm JP Morgan says in a recent “managed care” memo that California's updated enrollment figures provide insight into the number of people who will churn off of exchange coverage and indicate that the impact may not be as negative as expected. California figures show that the number of people who drop out of exchange coverage is offset by new enrollees signing up through the special enrollment periods, leaving the total enrollment numbers essentially stable, JP Morgan writes. The...