Figure 1.

Individual market performance: Markups, members, premiums, and claims. (A) Member-years (millions). (B) Markups per member month ($). (C) Premiums per member month ($). (D) Claims costs per member month ($).

Note. Markups are defined as premiums earned, ACA-related reinsurance payments received, and cost-sharing reductions subsidies received, less medical claims costs paid, net risk adjustment payments, and Exchange fees paid, per member month. Premiums earned include premiums paid by enrollees and advance premium tax credit payments from the Federal government. Compliant and noncompliant statistics are only reported for 2014-2016 because those are the years in which Risk Corridor payment data were available. ACA = Affordable Care Act.