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The insurer’s Wellpoint subsidiary is expanding its ACA footprint for the 2025 coverage year, likely in a bid to capture enrollees who recently lost Medicaid coverage.
The insurer has been bullish on expanding its ACA footprint since 2021, when its payer business Aetna said it would return to the exchanges after exiting them in 2017.
What You Should Know: – A new report from the Commonwealth Fund reveals that despite significant progress in expanding health insurance coverage under the Affordable Care Act (ACA), millions of Americans still lack adequate and affordable healthcare.
The Inflation Reduction Act passed last year extended boosted ACA subsidies to make coverage more affordable and helped drive signups, according to the HHS.
The bill, part of a more than $300 billion package, extends enhanced ACA premiums and allows Medicare to negotiate select prescription drug prices starting in 2026.
Researchers in the study found that more than a third of patients incurred out-of-pocket expenses on the day of their ACA-mandated free preventative medical care service.
Bright is doubling down on its decision earlier this year to contract its business, halting the sale of ACA plans to focus on care delivery business NeueHealth as well as MA in higher-performing markets.
Primary topic: Government & Policy Disable Auto Tagging: Short Headline: White House challenging ACA; Congress mulling permanent telehealth reform Featured Decision Content: Region Tag: Global Edition Right Now:
The Thursday ruling means that, effective immediately, health plans nationwide are no longer required to fully cover certain preventative medical services like cancer, HIV and diabetes screenings.
More than 20 million Americans have signed up for Affordable Care Act plans since open enrollment began in November. Sign-ups are expected to continue to grow.
A rule finalized Monday makes it easier for regulators to suspend agents and brokers from selling Affordable Care Act plans if they pose a risk to the exchanges.
Agents and brokers connecting consumers with Affordable Care Act plans now have to jump new hurdles to change their coverage, following mounting complaints about unauthorized plan switching.
But the generous subsidies that contributed to the increase in enrollment are temporary and set to expire at the end of the year absent congressional action.
Health insurers' preliminary filings with state regulators point to a 10% median bump in rates for enrollees in 2023, according to the Kaiser Family Foundation.
However, it paves the way for future lawsuits from opponents of the ACA. The Fifth Circuit Court of Appeals’ decision Friday is a win for the upwards of 150 million people that receive health insurance through their employers.
Insurers cited workforce shortages, hospital consolidation and growing demand for pricey GLP-1 drugs as reasons driving the premium increases for 2025.
ICHRA Gaining Traction as Employer-Sponsored Alternative Under the ACA, applicable large employers (ALEs) are mandated to provide health insurance that meets specific coverage and affordability standards, or face penalties. ICHRA represents a significant advancement in ACA market development.
On November 22, 2021, the Internal Revenue Service (IRS) published proposed regulations that introduce significant changes to the Affordable Care Act (ACA) reporting process for both large and small employers. Since 2015, the IRS has also provided good faith transition relief to ACA reporting. Good Faith Transition Relief Eliminated.
Peter Nelson, the new director of the Center for Consumer Information and Insurance Oversight (CCIIO) has brought a long forgotten ACA provision back into the spotlight. CHIRs Stacey Pogue breaks down Section 1333 compacts, what it would mean for consumers, and concerns for implementation.
Proposed 2023 plan year average increases on individual and family plans of 17% for MVP Health Care and 12% for Blue Cross Blue Shield in the state buck the national trend of declining ACA exchange premiums.
The expansion of health coverage to more Americans reflects pandemic-related policy efforts, but some of those flexibilities are set to expire this year.
Insurers poked holes in the KFF’s methodology — a spokesperson for UnitedHealth called the study “grossly misleading” — to argue that they approve most of the claims they receive.
Expanded tax credits through the American Rescue Plan made coverage more affordable and greater outreach efforts helped accelerate enrollment, health officials said.
States can begin disenrolling ineligible beneficiaries from Medicaid on April 1, in an event the CMS has called the biggest health coverage transition since the first ACA open enrollment.
Starting in 2026, plans sold in state-based exchanges will be required to meet time and distance standards for provider access that are already applied to plans sold federally.
The temporary administrative stay, which now legally requires health plans to provide preventive care for over 150 million Americans, applies while an appeal of the March case is considered by the court.
Beneficiaries who earn more than four times the federal poverty level wouldn’t be eligible for any subsidies on marketplace plans if the enhanced premium tax credits expire at the end of the year.
Overall employment could fall by 286,000 jobs next year if the enhanced premium tax credits lapse, including 130,000 lost roles in the healthcare sector.
The budget request includes proposals for “Medicaid-like” coverage in non-expansion states and future penalties for hospitals that don’t implement cybersecurity standards.
The medical associations said preventive health services are essential to increase longevity and quality of life, and that medical evidence should dictate preventive care recommendations rather than political considerations.
The marketplace is bucking the trend of sustained premium increases for job-based coverage, which provides insurance to a majority of nonelderly Americans.
The ACA requires coverage of recommended preventive services without cost-sharing for consumers enrolled in most private health plans. Continue reading → The post PrEP Coverage Obstacles Highlight Challenges Implementing the ACA Preventive Services Requirement appeared first on Center on Health Insurance Reforms.
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