SENATOR JOHN McCAIN URGES CMS TO ADDRESS IMPACT OF AETNA’S EXIT FROM OBAMACARE EXCHANGES ON PINAL COUNTY CITIZENS
"Aetna's recent decision to drastically scale back its participation in the Obamacare marketplace means that
The letter is below and here http://www.mccain.senate.gov/public/_cache/files/45a8c0bc-4dbd-4b35-821f-c58ac3070bf0/mccain-letter-to-cms-re-obamacare-9-1-16.pdf.
The Honorable Andy Slavitt
Acting Administrator
Dear Acting Administrator Slavitt:
I write to inquire about the recent announcement that Aetna will significantly scale back its participation in the Affordable Care Act (ACA) marketplace, and how this will specifically impact residents of
As you are aware, citing the regulatory environment and unpredictability associated with the ACA, Aetna recently announced its intentions to exit
This potential gap in coverage is especially concerning as nearly 10,000 citizens are enrolled in the ACA in
The American people have been told over and over again that the ACA would provide increased access to care at an affordable cost. In 2009,
Understanding the negative impact that this may have in
1) What contingency plans does CMS have in place to ensure continuity in coverage for
2) Can residents of
3) Currently, 88 percent of ACA enrollees in
4) Does the administration anticipate that this coverage gap will have a negative impact on the broader risk pool? Please provide any risk analyses that the administration has conducted concerning this coverage gap's impact on the marketplace risk pool.
5) Have any private insurance companies who offer QHPs in other regions of the country contacted CMS concerning 2017 coverage for
6) According to a report released in 2013, the
Thank you for your prompt attention to this matter, in strict accordance with all existing rules, regulations, and ethical guidelines, and I look forward to your timely reply.
Sincerely,
Read this original document at: http://www.mccain.senate.gov/public/index.cfm/press-releases?ID=A6786184-A7D3-4FE7-841A-75E72CA701FE


EverQuote Named to Inc. 5000 List of Fastest-Growing Private Companies for Third Consecutive Year
Advisor News
- SEC nears settlement with accused scammer Tai Lopez
- The 3 things that shrink your Social Security income
- Proposed legislation takes aim at Social Security shortfall
- The overlooked retirement security risk that must be addressed
- What advisors should know about hedge funds in retirement planning
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
More Annuity NewsHealth/Employee Benefits News
- UnitedHealthcare launches spending account benefit
- Afternoon Briefing: Health insurers propose double-digit-percentage price increases
- Health insurers propose double-digit-percentage price increases for Illinois exchange plans
- Anthem Establishes Coverage of C2N Diagnostics’ PrecivityAD2® Blood Test for Alzheimer’s Disease Evaluation
- Reynolds creates Iowa Medicaid fraud task force
More Health/Employee Benefits NewsLife Insurance News
- AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
- Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
- How AI is changing the insurance claims process and what it means for accident victims
More Life Insurance News