ARPA Subsidy Expiration Could Drive 2023 Premium Rate Changes
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ARPA Subsidy Expiration Could Drive 2023 Premium Rate Changes

The expiration of the American Rescue Plan Act (ARPA) premium subsidies and the return of Medicaid redeterminations will likely result in 2023 premium rate changes for individual and small group health insurance plans, according to an issue brief from the American Academy of Actuaries. As payers begin their premium rate filing process, they must consider projected medical…

MORE TIME TO ENROLL

MORE TIME TO ENROLL

The Colorado Division of Insurance is offering a Disaster Relief Special Enrollment Period (SEP) for uninsured Coloradans who have been affected by either the Marshall Fire or the surge in Omicron COVID-19 infections. This SEP is in effect from January 16 – March 16, 2022 and is available for both on and off marketplace enrollments. Coloradans will…

Downstream Impacts of Making American Rescue Plan Act Permanent
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Downstream Impacts of Making American Rescue Plan Act Permanent

Making the American Rescue Plan Act permanent could lower costs on the Affordable Care Act marketplaces and eradicate the Medicaid coverage gap, but it would also cost the federal government up to $333 billion in the policy’s first decade, according to a Commonwealth Fund report. The researchers used the Urban Institute’s Health Insurance Policy Simulation Model in order…

Many insurers are no longer waiving cost sharing for COVID-19 treatment
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Many insurers are no longer waiving cost sharing for COVID-19 treatment

Last year, during the height of the pandemic, many insurers voluntarily waived patient cost sharing for COVID-19 treatment. Cost sharing is what a patient owes out of their own pocket, either through a deductible, copay or coinsurance. Insurers waived those costs while experiencing record profits due to many people across the country putting off care…

ACA “Affordable Care Act” Individual Market Stabilization

ACA “Affordable Care Act” Individual Market Stabilization

On April 13, 2017, the Trump administration finalized a rule that the insurance industry hopes will curb the number of sicker people who sign up for coverage on the individual insurance exchanges. These final regulations, effective June 19, 2017 intend to help stabilize the Health Insurance Marketplace, provide more flexibility to states and insurers, and give individual…