Patient Groups File Amicus Brief in Legal Challenge to Short-Term Health Insurance Rule
Following is a joint statement from the
Patient groups representing millions of Americans with serious health conditions filed an amicus curiae (or friend-of-the-court) brief today in the
The groups, which include the
The brief argues that allowing expanded access to these plans will destabilize the insurance market by attracting younger and healthier people to these lower cost barebones plans while forcing those who need comprehensive coverage to pay more in premiums or be unable to obtain insurance entirely.
A statement from the groups follows:
"The rule threatens to split and weaken the individual insurance market, which has provided millions of previously uninsured people with access to quality coverage since the health care law went into effect. People with serious illnesses need comprehensive coverage, but short-term plans could force them to pay increasingly higher premiums or forego coverage altogether as insurers raise rates or leave the market entirely - a common problem prior to 2014.
"Increases in premiums and decreases in availability of comprehensive plans will fall particularly hard on those with significant medical needs. Because issuers of short-term plans are empowered to discriminate against those with pre-existing conditions, such individuals will remain reliant on their ability to secure ACA-compliant plans.
"Moreover, many individuals with short-term, limited-duration insurance who become sick will be unable to afford the care needed to respond to a life-threatening diagnosis, and will be forced to delay treatment for the months it may take to secure adequate coverage. Without coverage when they need it most, people with serious illnesses could face serious financial hardship and potential bankruptcy paying for their care.
"Well-documented research has shown uninsured and underinsured Americans with heart disease and stroke experience higher mortality rates, poorer blood pressure control, greater neurological impairments and longer hospital stays after a stroke. Uninsured patients are less likely to be screened for cancer and more likely to be diagnosed with later stage disease, which is harder to survive and costlier to treat.
"Because of the overwhelming risks to patients and the proven flaws with these plans, the groups urge the court to issue an injunction stopping the rule and preserving current limits on STLD plans."
To read the full brief visit: https://bit.ly/2OPxz9k.


Drivers Can Get The Best Car Insurance Deals With The Help Of Online Quotes
Advisor News
- Why client insurance needs could change even if their life doesn’t
- Most Gen Z investors think less than a year ahead when making financial decisions
- IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
- Help child-free clients plan for their later years
- When new investment trends emerge, Gen Z is most likely generation to be first in
More Advisor NewsAnnuity News
- Guidance, bulletin or reg? NAIC debates form of annuity illustration update
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity NewsHealth/Employee Benefits News
Life Insurance News