Enrollment AttritionStates like FL, GA, and TX, which represent 85% of OSCR members, are expected to face significant enrollment attrition.
Regulatory PressuresRegulatory and funding pressures, along with eAPTC expiration, are expected to cause significant adverse risk pool shifts and structurally lower margins.
Revenue ChallengesSome members may ultimately choose to drop coverage if they are informed they are no longer eligible for subsidies, which is a negative to revenue.