A non-profit 501(c)(3) premium and copayment foundation
In the Health Reform Update for this week, Senate
leaders shelve bipartisan plans to stabilize Affordable Care Act (ACA)
Marketplaces in favor of a last-ditch effort to repeal key ACA provisions
before the September 30th expiration of its budget reconciliation
authority. However, the latest repeal
plan currently lacks the votes to pass after key Senators defect over concerns
about higher out-of-pocket costs and dramatic cuts in federal funding to states
(roughly $713 billion through 2026).
The Congressional Budget Office predicts that the
uncertainty over ACA repeal and dramatic cuts in advertising and outreach
funding could cause Marketplace enrollment to fall by more than one million
consumers next year while premiums rise by an average of 15 percent.
Dominant insurer Anthem Blue Cross Blue Shield
reverses it decision to leave the ACA Marketplace in Virginia and agrees to
remain in several others, but only with dramatic premium increases to protect
against the possibility that ACA cost-sharing subsidies will be terminated.
The Arizona Supreme Court agrees to hear a challenge
to that state’s Medicaid expansion, while the California governor weighs
whether to sign the most comprehensive prescription drug price transparency
bill in the nation.
You can find the full Health Reform Update here. If
you’re interested in Advocacy you can also join the PSI Patient Coalition here.