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In the Health Reform Update for this week, Anthem Blue Cross Blue Shield and CIGNA become the latest major insurers threatening to scale back their participation in Affordable Care Act (ACA) Marketplaces unless regulatory changes ensure more favorable risk pools. The Centers for Medicare and Medicaid Services (CMS) hints that it may limit third-party premium assistance from charitable groups like PSI in order to address insurer complaints that making Marketplace plans affordable to high-cost pa...
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In the Health Reform Update for this week, federal data shows that lower Marketplace competition is causing premiums for benchmark coverage to increase by an average of 22 percent nationwide, though wide variations exist among states. The rate spike is more than three times the average increase for 2016, but premiums are still in line with Congressional Budget Office projections prior to enactment of the Affordable Care Act (ACA).
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In the Health Reform Update for this week, the Government Accountability Office sides with Republican lawmakers accusing the Obama Administration of unlawfully diverting Affordable Care Act (ACA) reinsurance payments to insurers.
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Our weekly specialty tier update is now available!
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Fall has arrived and the PSI team hopes you are well! Learn about recent accomplishments, ways you can support PSI, as well as what to expect in 2017 by reading the latest newsletter.
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The rising costs of health care are affecting financial bottom lines for families all across the country – especially those confronting expensive, chronic health conditions. To make matters worse, a misguided federal policy is now preventing charities – one of the only lifelines these families have left – from helping to access the care they need.
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In the Health Reform Update for the past week, the Centers for Medicare and Medicaid Services (CMS) prematurely releases their Affordable Care Act (ACA) Marketplace standards for 2018. In an effort to prevent further Marketplace defections by major insurers, the new standards would make the changes to the ACA’s premium stabilization programs sought by insurers, increase the annual out-of-pocket limit for consumers, and allow separate medical and pharmacy deductibles for silver and gold plans.
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In the Health Reform Update for the past week, Senate Republicans heighten their scrutiny of reinsurance payments intended to stabilize premiums under the Affordable Care Act (ACA), as shortfalls continue to result in the closure or departure of Marketplace insurers.
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In the Health Reform Update for the past week, four additional Consumer Owned and Operated Plans (CO-OPs) are shut down due to financial losses, while the remaining seven of the 23 non-profit insurance cooperatives created with Affordable Care Act (ACA) loans struggle to remain viable.
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In the Health Reform Update for the past week, House Republican leaders unveil their long-awaited replacement for the Affordable Care Act (ACA) that would retain the law’s most popular provisions but repeal the individual and employer mandates, Medicare cost-cutting board, minimum essential health benefits, and other consumer protections. It would also transition Medicare into a premium support program where enrollees could use vouchers to purchase private coverage in an insurance exchange.
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