A non-profit 501(c)(3) premium and copayment foundation
In the Health Reform Update for the past week, House
Republicans agree to a temporary spending bill to postpone a government
shutdown but advance legislation that would repeal five key provisions of the
Affordable Care Act (ACA) with only a simple Senate majority. President Obama has pledged to veto the repeal
plans, but House proposals to eliminate certain ACA taxes are gaining
Centers for Medicare and Medicaid Services (CMS) announces that a $2.5 billion
shortfall in the temporary risk corridor and reinsurance program created by the
ACA will cause insurers to receive only 12.6 percent of anticipate payments to
offset the costs of sicker and more costly subscribers. CMS also proposes new anti-discrimination
standards that would prevent insurers from using benefit designs that
“discourage the enrollment of individuals with significant health needs”.
York regulators shut down the largest non-profit health insurance cooperative
that was created with ACA loans. It is
the fourth cooperative to become insolvent after unanticipated enrollment
outpaced their ability to pay claims. The
South Dakota governor receives an initial go-ahead from the Obama Administration
for his proposal to fully expand Medicaid under the ACA.
You can find the
full Health Reform Update here. If
you’re interested in Advocacy you can also join the PSI Patient Coalition here.