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Tag Archives: ACA
After six weeks of intensely secret negotiations, the “Better Care Reconciliation Act of 2017” (BCRA) is out, and it’s much worse than the House’s AHCA. The story remains the same: worsening benefit cuts for the poor to provide a tax cut for the rich. After Trump called it “mean,” and literally every healthcare organization has rallied against it, the hoped-for moderating influence of the august upper body of the U.S. Congress is gone. TrumpCare is still mean.
While Affordable Care Act (ACA) talks have hit a stalemate in the Senate, the Centers for Medicare & Medicaid Services (CMS) made good on its promise to make changes to the regulation in an attempt to both ease the regulatory burden and potentially increase enrollment in 2018. CMS made two enrollment changes for the small business Exchange and the individual Exchange. While the impact on consumers is not yet clear, the two moves will dynamically change the relationship between brokers, agents, and consumers and may actually be an efficient step by the new administration to boost coverage sign ups in 2018.
At the beginning of this week, Democrats and Republicans came to an agreement as to how to fund the government until September. Despite largely circumventing the demands of the White House, President Trump is expected to sign the bill.
Yesterday, as we wrote about Trump’s and Republican’s Affordable Care Act (ACA) proposals, a bizarre game of hide and seek took place at the Capitol. Congressmen, both left and right, and the media all frantically scurried about the buildings, seeking a hidden draft bill that contained new changes to the draft leaked last week. Today, Politico reported documents detailing the new draft were obtained. The changes, which are dated February 24, 2017, are sure to go through another round before the draft’s final release.
President Trump delivered his first address to Congress on Tuesday and promoted his high-level policy wishes for the repeal of “Obamacare.” Trump called for access to coverage for those with pre-existing conditions, the use of tax credits, expansion of Health Savings Accounts (HSAs), “resources and flexibility” for Medicaid, drug price reform, and insurance sales across state lines. These proposals closely mirror those endorsed by Speaker Paul Ryan.
CMS Releases Widely Anticipated Proposed ACA regulation, the New Administration’s First Attempt at Market Stabilization
On February 15, 2017, the Centers for Medicare & Medicaid Services (CMS) released its widely anticipated proposed rule introducing new market health insurance market reforms. CMS is proposing changes for stricter Special Enrollment Period (SEP) verification, exceptions to guaranteed availability, updated network adequacy requirements, and a shorter Open Enrollment Period.
The landscape for retiree healthcare is not expected to change significantly under a first Trump term. However, several Republican proposals, if enacted, could incent group members to shift to the individual market over time.