Meeting info and more.
Yesterday, CMS issued a separate bulletin to extend the transitional policy for “grandmothered” plans for one additional year. This policy allows for the transition to fully Affordable Care Act compliant coverage in the individual and small group health insurance markets until 2019. CMS is releasing this bulletin to provide states additional flexibility and control over their health insurance markets.
In addition, HHS has released the Final Notice of Benefit of Payment Parameters for 2019. A summary in the CMS press release is available here. We submitted comments in November, and are reviewing the final rule for any changes from the fall proposal.
The Trump administration rewrote health plan rules on Affordable Care Act marketplaces on Monday by shifting control of insurance standards from federal government to state and giving Americans new ways to avoid penalties lack of coverage
The rules add two broad exceptions to the Court of Auditors’ requirement that most consumers are insured. The change offers escape hatches, which will be two years retroactive, even before a current tax law, the penalties from 2019 completely repeals.
SWIAHU approved the 2018 budget and is available for review upon request by contacting the SWIAHU Treasurer, Chris Barthel. Chris may be reached by phone at (812) 386-7727 or email at email@example.com
Spring into Action and see the attached flyer for NAHU’s latest membership campaign running April 1 – 22.
INSURERS PREPARE FOR DOUBLE-DIGIT RATE HIKES (AGAIN) — The spending package enacted last week by Congress was likely the last chance to do something to mitigate another year of expected double-digit rate hikes for Obamacare plans. That’s because read more