FJ Research

FJ Research

CMS Data Just Landed. The ACA Did Not Collapse. And the Fear Was Wrong. $OSCR

FJ Research's avatar
FJ Research
Jan 14, 2026
∙ Paid

I did not expect to write another update today. But the CMS enrollment data that just came out is simply too important to ignore.

For months, the dominant narrative around the ACA market was fear. Headlines, analysts, and institutions warned of a 15 to 20 percent collapse in enrollment. The assumption was simple. Without enhanced subsidies, the ACA would…

User's avatar

Continue reading this post for free, courtesy of FJ Research.

Or purchase a paid subscription.
© 2026 FJ Research · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture