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Policy Update- Week of 7/27/2015

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In the Health Reform Update for the past two weeks, a Department of Health and Human Services report is the latest to confirm that increasing competition among Marketplace insurers are keeping premium increases in check.  California and New York announce 4-7 percent average increases in Marketplace premiums for 2016.  However, North Carolina regulators must decide whether to approve an average rate hike of nearly 35 percent sought by Blue Cross and Blue Shield. 

 

            Despite increases in specialty drug spending, Medicare announces that Part D premiums will also remain steady for 2016 thanks to a continued slowdown in overall health spending.  However, the Medicare actuary expects that trend to end starting next year.

 

            Delaware cancels plans to transition from a federal partnership Marketplace to full state control, due to the U.S. Supreme Court’s earlier decision to preserve premium and cost-sharing subsidies for all Marketplace consumers.

                   

You can find the full Health Reform Update here If you’re interested in Advocacy you can also join the PSI Patient Coalition.

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