A non-profit 501(c)(3) premium and copayment foundation
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.
CMS standards ignore pleas from consumer groups to prevent plan discrimination
against persons with high-cost conditions by requiring Marketplace insurers
accept third-party premium assistance from charitable organizations like
PSI. A Congressional bill that would
force CMS to make that change gains 115 cosponsors.
data show that the nation’s uninsured rate has reached a record low of 8.6
percent while a record jump in median household income (the first since the
2007-2009 recession) will likely result in further decreases in the
Cross and Blue Shield spares one Arizona county from having no Marketplace
insurers for 2017, while a reversal by Connecticut’s largest Marketplace
insurer will ensure consumers can choose from more than one insurer. Only six of the non-profit Consumer Owned and
Operated Plans (CO-OPs) created with ACA loans remain in operation after this week’s
closure of Health Republic Insurance of New Jersey.
You can find the full
Health Reform Update here. If
you’re interested in Advocacy you can also join the PSI Patient Coalition here.