Despite Concerted Effort to Roll Back ACA in Washington, New York’s Individual Market Largely Held Its Ground in 2017
Despite concerted efforts by
The HealthWatch brief, "2019 Is Shaping Up as a Watershed Year for
The authors found that 37 states had healthier individual market risk pools than
"
The report summarizes three strategies implemented or under consideration by other states to stabilize their individual markets:
1) Reinsurance programs: Federal matching funds are available for reinsurance programs, which reduce premiums by offsetting some of a health plan's costs for sicker individuals, thereby helping to retain or attract new enrollment. A handful of states have adopted reinsurance programs, including
2) Implementing a state individual coverage mandate: Since Congress repealed the ACA's individual coverage mandate penalty as of 2019, the
3) Providing additional premium subsidies:
"As
The report was written by
The new report can be downloaded here (https://uhfnyc.org/publications/881342).
Willis Towers Watson Appoints Matt McKechnie
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News