One in seven enrollees in ACA plans failed to make payments this year, WSJ says

One in seven people signed up for Affordable Care Act, ACA, plans this year failed to pay after costs rose, Anna Wilde Mathews of The Wall Street Journal reports, citing a new analysis from Wakely Consulting Group, provided exclusively to the Journal. Nationally, around 14% of those enrolled didn’t pay their first bill for January coverage and, in some states, this percentage was a quarter or more. Normally, the drop off in membership early in the year is in the midsingle-digit range. Publicly traded companies in the space include CVS Health (CVS), Centene (CNC), Cigna (CI), Elevance Health (ELV), Humana (HUM), Molina Healthcare (MOH) and UnitedHealth (UNH).