May

Good as Gold? Experts Mull Impact of Reindexing ACA Subsidies

May 28, 2021

When President Joe Biden addressed a joint session of Congress late last month, he briefly exhorted lawmakers to “lower deductibles for working families” who get their health insurance on the Affordable Care Act exchanges. But Sen. Jeanne Shaheen (D-N.H.) in late February had answered that call by introducing legislation that would tie premium tax credits […]

To access this post, you must purchase a subscription plan. Click Here to purchase.

Already a member? Click Here to login.

Plans Should Consider Race in Actuarial, Operational Processes

May 28, 2021

The health insurance industry, prompted by patients, the activism of the Black Lives Matter movement and health care workers of color, is starting to examine how it contributes to institutional racism — and what it can do about it. Experts say that changing actuarial and operational processes can go a long way toward addressing health disparities caused by racial discrimination.

To access this post, you must purchase a subscription plan. Click Here to purchase.

Already a member? Click Here to login.

Lowering Medicare Age Could Have Mixed Coverage Effects

May 28, 2021

Lowering the Medicare eligibility age to 60 could add as many as 24.5 million individuals to the program, an analysis from Avalere finds. However, shifting people ages 60 to 64 to Medicare actually could have a mixed effect on coverage overall, since Medicare premiums may cost more than other forms of insurance, a separate analysis from the Kaiser Family Foundation (KFF) reports.

To access this post, you must purchase a subscription plan. Click Here to purchase.

Already a member? Click Here to login.

COVID Factor Could Both Raise, Reduce ACA Rates Next Year

May 28, 2021

As health insurers gear up for the 2022 rate-filing season for Affordable Care Act exchange plans, the good news is that much of the regulatory uncertainty seen in years past has dissipated — save for a looming Supreme Court decision on the ACA’s legality. However, the pandemic’s effect on medical spending is a nebulous factor that insurers can’t escape this year, and it’s likely to have a wide-ranging impact, says David Dillon, a fellow of the Society of Actuaries.

To access this post, you must purchase a subscription plan. Click Here to purchase.

Already a member? Click Here to login.

Many Insurers Don’t Plan to Raise Rates Because of COVID

May 28, 2021

by Jinghong Chen
More than half of insurers surveyed said they do not anticipate raising health plan premiums due to the pandemic, according to a recent poll conducted by eHealth, Inc. The private insurance marketplace surveyed more than 4,700 consumers and 26 insurance industry representatives on the impact of COVID-19, technology and public policy reforms. Among the respondents, 60% favor expanding the Medicare program in some form, while half of current Medicare beneficiary respondents say Medicare should continue to be run by public and private cooperation between government and insurance companies.

To access this post, you must purchase a subscription plan. Click Here to purchase.

Already a member? Click Here to login.

News Briefs

May 28, 2021

✦ After being confirmed by the Senate, Chiquita Brooks-LaSure was sworn in as the new CMS administrator on May 27 by HHS Secretary Xavier Becerra. “Chiquita Brooks-LaSure’s historic appointment and confirmation as the first Black woman to lead the Centers for Medicare and Medicaid Services further demonstrates the Biden-Harris Administration’s commitment to bringing diverse perspectives and seasoned leaders to drive and improve the U.S. health care system,” Becerra said in a statement. Brooks-LaSure, whose past roles include deputy director for policy at CMS’s Center for Consumer Information and Insurance Oversight, House Democratic staffer and managing director at the professional services firm Manatt Health, is a longtime Affordable Care Act champion.

To access this post, you must purchase a subscription plan. Click Here to purchase.

Already a member? Click Here to login.