Washington’s health insurance exchange is now taking public comments on its draft standardized plans, which will serve as the basis for the state’s “Cascade Care” plans that will be available for the 2021 plan year.
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Washington’s health insurance exchange is now taking public comments on its draft standardized plans, which will serve as the basis for the state’s “Cascade Care” plans that will be available for the 2021 plan year.
As the nation’s largest insurance exchange kicks off its three-and-a-half-month open enrollment period on Tuesday (Oct. 15), Covered California touts its first-in-the-nation policy to offer financial assistance to middle-income residents for the 2020 plan year.
Pennsylvania Insurance Commissioner Jessica Altman on Tuesday announced that insurers seeking to participate in the state's individual market requested an aggregate statewide increase of 4.9 percent, which is significantly lower than the expected national average for premium increases.
Washington state's top insurance official and Sen. Patty Murray (D-WA) are calling on the administration to scrap proposals to expand non-ACA plans and for Congress to look again at stabilization measures after issuers requested individual market rate increases averaging about 19 percent.
The Affordable Care Act marketplaces will remain stable in most areas, even as premiums for benchmark plans are expected to increase by about 15 percent from 2018 to 2019 and by about 7 percent per yer through 2028, according to the Congressional Budget Office's newest report on federal spending and insurance coverage.
Top insurance industry officials at Blue Cross Blue Shield Association told reporters that they expect significant Affordable Care Act premium increases in 2019 due to instability caused by Trump administration actions, and said they are pressing the Trump administration not to end the practice of “silver-loading.”
A pro-ACA group Wednesday launched a campaign that casts blame on the Trump administration and the GOP-led Congress for premium increases, holding up the GOP's repeal of the individual mandate penalty, cutback of ACA advertising and outreach, and proposed non-ACA compliant plan options that could undermine the risk pools.
Maryland insurer CareFirst BlueCross BlueShield may hike its Affordable Care Act premiums next year by as much as 91.4 percent unless HHS approves the state's request to create a state-run reinsurance pool, initial rate filings reveal.
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