Statement by Lora Pellegrini, President and CEO of the Massachusetts Association of Health Plans on the Future of the ACA
Targeted News Service
BOSTON, Nov. 12 -- Massachusetts Association of Health Plans issued the following statement by President and CEO Lora Pellegrini:
* * *
"As the model for the Affordable Care Act (ACA), Massachusetts has made significant advances over the past decade in expanding health care coverage and on efforts to contain health care costs. Today, the U.S. Supreme Court is hearing arguments on California v. Texas, a case that seeks to overturn the ACA. A final ruling that overturns the ACA would have widespread implications for Massachusetts.
"MAHP member plans are deeply concerned that should the ACA be struck down in its entirety, Massachusetts would stand to lose billions of dollars in federal support that helps fund our Medicaid expansion and provides subsidies and tax credits to low income individuals. This would result in thousands of individuals losing health insurance coverage during an unprecedented pandemic, which would lead to a substantial increase in the uninsured rate in Massachusetts.
"We remain hopeful that the Supreme Court will not strike down the entire ACA, but if they do we are committed to working with Governor Baker and members of his Administration, the Attorney General, legislative leaders, our Congressional delegation, and our partners in the health care community to ensure continued access to high quality and affordable health care for Massachusetts residents."
American Council of Life Insurers’ Joyce Meyer Recipient of 2020 Top Lobbyist Award From National Institute for Lobbying and Ethics
Biden Wants To Lower The Medicare Age To 60, But Hospitals Don’t Like It
Advisor News
- Help women break through their retirement roadblocks
- Advisors await SEC decision on Vanguard fair fund distribution
- What to do when adult children become the client
- Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
- Why vacation homes are becoming a major blind spot for advisors
More Advisor NewsAnnuity News
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
- When technology becomes easy to rent, what still separates life and annuity carriers?
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- How advisors can get clients to act sooner on life insurance
- AM Best Affirms Credit Ratings of Crum & Forster Insurance Group’s Members and Monitor Life Insurance Company of New York
- AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
- AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
- When technology becomes easy to rent, what still separates life and annuity carriers?
More Life Insurance News