CMS proposes new rules to encourage insurers to stay in ACA marketplace
- Author: Eleanor Harrison Feb 16, 2017,
Feb 16, 2017, 0:31
Bruce Broussard, the CEO of Obamacare unit, also confirmed that indeed they are seeing visible signs of demented risk in their exchange plans made over the last few years and, therefore, they have chose to discontinue with the same in the upcoming year, 2018.
In Washington state, 170,000 people receive their health insurance through the state Obamacare exchange. "We are confident that the entire delegation is committed to minimizing any unintended consequences that could arise from changes to current federal law". It will be critical for all of us to stay in the conversation over the coming months to let our state and national legislators know that affordable access to healthcare for all of us is a top priority.
At the same time, the move does not portend the imminent collapse of the marketplaces. They can't even agree on what a significant rollback would look like. Prove to the people of Kansas that they were not wrong to place their faith in you...that you have accepted that grave and important responsibility...that you will do what is best for them...and that you will oppose any efforts to repeal the Affordable Care Act. Supporters of the law worry that many could lose their insurance if Republicans don't pass a comprehensive replacement plan. "Democrats are blue. We all support the ACA, and so should you".
Republicans can use the reconciliation process to pass, using a simple majority, a bill to defund almost $100 million in federal subsidies offered to customers on Vermont Health Connect and at least $269 million in funding for enrollees in Medicaid expansion. But it's how insurance companies make money off of them.
What does all this uncertainty mean to us in Florida?
The executive order Trump signed directed federal agencies to do what they could to "minimize" the burdens of the act by exercising their authority "to waive, defer, grant exemptions from or delay" parts of the law.
There are now concerns that with competitors dropping out of the exchange, the marketplace could destabilize even further.
"It's in a death spiral", he said at a conference sponsored by The Wall Street Journal. "My anticipation would be that in '18, we'll see a lot of markets without any coverage at all". Rubio has said Obamacare is "an absolute failure and its proponents insist it must be salvaged with a taxpayer-funded bailout of health insurance companies". Though he wouldn't comment on whether or not Aetna will completely pull out of the exchanges for 2018, CEO Mark Bertolini stated emphatically that many regions will likely totally lack Obamacare insurer options for the coming year.
State data released today showed OR hospitals not only achieved their 2015 pledge to maintain their overall community benefit levels but exceeded it.
Tighter enrollment periods: The new rule would cut the open enrollment period for 2018 in half, so that Americans could only sign up between November 1 and December 15.