A non-profit 501(c)(3) premium and copayment foundation
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.
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.
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.