Health Insurance Actuaries Propose Ways to Stabilize Market quoting : healthpayerintelligence

A recent April 2017 report by the American Academy of Actuaries (AAA) Health Practice Council offers actuary recommendations on steps to stabilize the health insurance marketplace. "In 2011, 226,000 individuals were enrolled in state high-risk pools at a total cost of $2.6 billion. The guaranteed availability of individual market coverage at standard rates under the ACA beginning in 2014 reduced the need for state high-risk pools. As of November 2016, most state high-risk pools were either closed entirely or were not enrolling new participants."Another key program that requires outside funding is cost-sharing reduction (CSR) reimbursements. High numbers of enrollees would balance the risk pool.




Steps Toward a More Sustainable Individual Health Insurance Market describes how individual market stability, including insurer decisions on whether and to what extent to participate in the market for 2018, hinges on:Continued funding of cost-sharing reduction (CSR) reimbursements. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/actuaries-on-stabilizing-the-2018-individual-health-insurance-market-the-time-for-policymakers-to-act-is-now-300444248.htmlSOURCE American Academy of ActuariesRelated Linkshttp://www.actuary.org The American Academy of Actuaries is a 19,000-member professional association whose mission is to serve the public and the U.S. actuarial profession. Read the issue brief and learn more about the Academy's health-related public policy work at actuary.org. The Academy also sets qualification, practice, and professionalism standards for actuaries in the United States.

States Seek to Shore Up Health Insurance Markets

Amid uncertainty in Washington about the future of the Affordable Care Act, states are moving to bolster their own insurance markets, hoping to fend off big rate increases and pullbacks by insurers. Idaho, Oklahoma and Minnesota have passed bills that aim to blunt insurers' costs for covering people who buy individual insurance and have health conditions that require expensive treatments. The measures would allow insurers to unload...


collected by :Lucy William

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