We have analyzed the American Health Care Act, and as currently structured, it would greatly increase the ranks of the uninsured and increase costs for millions more. We will continue our work to both assess the potential impacts of new policies and focus on assuring that we administer the law that exists today.
Insurance Commissioner Jones Bashes Repeal of ACA House Vote
“Today’s Republican House vote will rob 24 million Americans of health care coverage, which is tantamount to a death sentence for some patients who depend on coverage to manage serious and chronic medical conditions. The President and House Republicans have nothing to be proud of today as they work to take health care coverage away from millions of Americans who will be harmed by their actions.
Blue Shield Opposes New Trumpcare Plan
the AHCA as currently drafted is flawed as well. The tax credits it provides do not vary based on either a person’s income or the cost of care where they live. There is no help with deductibles and co-pays for those with lower incomes. Millions of people, particularly older Americans, would not be able to afford health insurance or to get care when they need it. In addition, the recent amendments could return us to a time when people who were born with a birth defect or who became sick could not purchase or afford insurance, and when benefits were not there when people needed them the most.
HCC Exits Short Term Medical Market Because Of Government Rules
We have made this decision based on the 90 day policy duration limitation to the STM insurance marketplace that was effective April 1, 2017. This has caused many producers in the web broker community to focus their efforts on other supplemental health insurance products like limited medical plans. As a result of marketplace conditions, we are no longer able to profitably maintain this business.
California Authorizes Health Insurers To File “Trump Rates” and “ACA Rates”
Insurance Commissioner Dave Jones announced today that he has authorized health insurers filing rates with the Department of Insurance to file two sets of rates, in light of the market instability created by President Trump’s continued undermining of the Affordable Care Act (ACA).
Covered California Analysis Shows Yuge Price Increases If Trump Plan Implemented
The analysis found that Covered California health plan premiums could rise up to 49 percent if two key elements that have been in place for the past four years are changed: Cost-sharing reduction reimbursements are no longer directly funded as reimbursements to carriers, and the shared individual responsibility payment is not enforced.
Covered California Loss of Subsidy Because Of No Tax Filing
Beginning April, 24 2017, Covered California will send notices to consumers to notify them they are at risk of losing their Advance Premium Tax Credit (APTC) and/or cost-sharing reductions for health insurance coverage through Covered California in 2017.
Online Drug Price Checker Tool From Sharp Health Plan
Sharp Health Plan has added an online drug price checker tool. The online tool is powered by PilotRx. Prices quoted are specific to the rates negotiated by MedImpact on Sharp Health Plan’s behalf. For more detailed medication information, Sharp Health Plan members should log in to Sharp Connect to receive the most accurate drug pricing based on their benefit plan.
Covered California Predicts Increased Rates If Cost Sharing Reduction Payments To Health Insurance Companies Are Eliminated
The impact of not providing direct federal funding of cost-sharing reductions is enormous, and not only puts the viability of the individual market in many states in peril, but would be a bad deal for the federal budget — costing more than $47 billion over the next 10 years,” said Peter V. Lee, executive director of Covered California.
California Insurance Commissioner Blasts New Trump ACA Rules
The misnamed “market stabilization” rules sabotage the Affordable Care Act by significantly reducing the open enrollment time period and creating other conflicts with state laws. Like President Trump’s threats to eliminate the cost-sharing subsidies, his new regulations will destabilize, rather than strengthen, the health insurance market.
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