ACP to Senate: Efforts to Stabilize Health Insurance Markets Should First, Do No Harm to Patients - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
September 15, 2017 Newswires
Share
Share
Post
Email

ACP to Senate: Efforts to Stabilize Health Insurance Markets Should First, Do No Harm to Patients

Targeted News Service (Press Releases)

WASHINGTON, Sept. 14 -- The American College of Physicians issued the following news release:

The American College of Physicians (ACP) told the Senate today that any reforms being considered to help stabilize the health insurance marketplaces should first, do no harm to patients and actually result in improved access and quality of care. This message was part of a set of seven recommendations that ACP submitted as testimony to the Senate Health, Education, Labor and Pensions (HELP) Committee's hearing on Stabilizing Premiums and Helping Individuals in the Individual Insurance Market for 2018: Health Care Stakeholders.

"We appreciate that the Chairman and ranking member of the HELP committee have decided to hold bipartisan hearings on the issues in the individual insurance market," said Jack Ende, MD, MACP, president of ACP. "We applaud this return to regular order and the opportunity it allows for physicians and other interested stakeholders to provide their expert advice and analysis on ensuring that our millions of patients continue to have access to critical health coverage in the future."

ACP made the following recommendations:

* Congress must commit to continuation of the Affordable Care Act's cost-sharing reduction payments to insurers for the long-term. These payments offset the costs insurers occur in reducing the burden of co-payments, deductibles and coinsurance for low-income persons, as required by law. Without a guarantee that they will continue, insurers will have no choice but to leave the exchanges or raise premiums.

* Congress should encourage reinsurance and stabilization efforts through state waivers, without weakening protections that guarantee patients access to coverage for essential health benefits or protection from excessive co-payments or deductibles.

* Congress should adequately support and fund a robust outreach to encourage patient enrollment in health coverage. Recent actions by the administration to cut funding for advertising to consumers, and for the navigator program that helps consumers find insurance, are steps in the wrong direction. Evidence suggests that efforts such as enhanced television advertising can increase enrollment. ACP strongly believes that more intensive outreach and enrollment efforts will be needed because the open enrollment period for 2018 was considerably shortened.

* Congress must ensure that the administration effectively enforces the requirement to purchase a qualified health plan. Not enforcing the insurance mandate penalty will lead directly to enrollment rates dropping among healthy enrollees who may be less inclined to purchase health insurance. Insurers would need to increase premiums to compensate for the resulting sicker risk pool. Any alternatives to the individual insurance requirement must be shown to be equally or more effective in getting people, especially younger and healthier ones, to sign up for coverage.

* Congress should enact a public option that would provide more options and increase competition in the market places. Currently, exchanges in some states are having difficulty attracting enough insurers and patients may have only one insurer from which to obtain coverage. One potential approach could be to offer a buy-in program for Medicare or another public health program. ACP supports the development of a Medicare buy-in option for older adults. This type of program could expand access to providers and continuity of care for individuals changing over to Medicare, while at the same time it could help to reduce premiums for individuals in the health insurance marketplaces.

* States might consider using the ACA's existing authority to sell insurance across state lines, subject to having an agreement among them on regulation of the products that would be sold. However, Congress should not enact legislation that would allow sale of insurance across state lines absent an appropriate regulatory structure among the states to protect consumers from a "race to the bottom" in coverage and benefits. The available evidence is that selling insurance across state lines may not have a large impact on patient choice, access to care, or premiums.

* ACP supports the concept of state innovation in designing ways to strengthen and improve the individual insurance market and believes that Congress should be supportive of such efforts. However, ACP strongly believes that essential health benefits and other consumer protections as required by the ACA must be maintained and would oppose efforts to give states the ability to modify or reduce these benefits.

"We greatly appreciate the Committee inviting input from the physician community and the opportunity to provide recommendations on strengthening the health insurance market, and stand ready to work with the committee on the development of any reforms where our experience and expertise could be of value," concluded Dr. Ende.

Older

Insurance in Super Benefits Recipients and the Budget Bottom Line

Newer

Crop Insurance Deadline Nears in Alabama

Advisor News

  • How to support an entrepreneur client with multiple businesses
  • Could a narrower focus help grow your practice?
  • U.S. debt hits $40 trillion: how to support concerned clients
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
More Advisor News

Annuity News

  • MassMutual Expands Lending Options With New Secured Credit Line
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
  • New class-action lawsuit targets Delaware Life over annuity disclosures
More Annuity News

Health/Employee Benefits News

  • NAIC raises concerns about ACA agent moratorium
  • Former Speaker joins Sewell on healthcare panel
  • A $500 Obamacare refund could be headed to Wyoming residents. Here's who gets paid
  • State Health Plan loses bid to stop Atrium program, warns of $50 monthly premium hike
  • Your questions answered on Medicare open enrollment
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.
  • AM Best Upgrades Credit Ratings of Fidelity Life Association, A Legal Reserve Life Insurance Company; Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Life/Health Subsidiaries
  • 777 Partners founder pleads guilty to $500 million fraud scheme
  • AM Best Affirms Credit Ratings of Luen Fung Hang Insurance Company Limited
  • Navigating GenAI risk in insurance
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.