Molina’s Exit From Utah Health Insurance Exchange Will Decrease Options quoting : kuer

Last week Molina Healthcare announced it would no longer offer health insurance plans to Utah residents on the federal exchange in 2018. That's a shorter window than usual, according to Jason Stevenson with the Utah Health Policy Project. In a prepared statement, representatives from Molina Healthcare described their choice to leave Utah's health insurance marketplace as a business decision. Steve Gooch is the Public Information Officer with the Utah Insurance Department. They can be found through the Utah Insurance Department website.




America's Health Insurance Plans (AHIP) noted that more than 100 Democrats and 250 Republicans voted to delay the health insurance tax. Obamacare created the health insurance tax, which places a direct tax on insurance premiums. They can ensure that they are able to fully keep that promise by delaying the health insurance tax immediately." advertisementThe Heritage Foundation reported that if Republicans fail to repeal the health insurance tax (HIT), premiums would increase by an additional two to three percent. It remains possible that a revived Obamacare repeal effort or a bipartisan bill could include the repeal of the health insurance tax.

Facing Trump Subsidy Cuts, Health Insurance Officials Seek a Backup Plan

And that means higher premiums, state officials said. "Our market wouldn't recover."With no guidance or clarity from the Trump administration, state officials are agonizing over what to do. "But that's not the case right now."Without the federal subsidies, insurers would need to get the money — estimated at $7 billion to $10 billion next year — from another source. State officials said they would allow insurers to impose a surcharge on premiums if the federal government cuts off funds for the cost-sharing subsidies. What happens if state officials guess wrong?


collected by :Lucy William

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