Policy & Law

Indiana Seeks Exemption from Key ACA Provision

1 Mins read

From the Did You Know category today: the state of Indiana is challenging a key provision of the ACA having to do with the medical loss ratio for insurers. That’s the amount by which insurance premiums are set a certain degree of cost implementation for overhead. The ACA requires the insurer to spend 80 percent on healthcare delivery, or else pay a fine. Indiana is pursuing a federal waiver from this proviso. Healthcare consumer advocacy weighs in.

From the Did You Know category today: the state of Indiana is challenging a key provision of the ACA having to do with the medical loss ratio for insurers. That’s the amount by which insurance premiums are set a certain degree of cost implementation for overhead. The ACA requires the insurer to spend 80 percent on healthcare delivery, or else pay a fine. Indiana is pursuing a federal waiver from this proviso. Healthcare consumer advocacy weighs in.

Indiana’s application is based on state politicians’ ideological opposition to health reform, not the realities of the state’s health care market … As the MLR regulations make clear, there must be a credible threat to the stability of the individual marketplace in order to grant a waiver. Indiana has demonstrated no such threat. We urge [HHS] to reject Indiana’s application.

Indiana is the only state in the country to request that consumer high deductible health plans be exempted from MLR provisions unconditionally. HHS will ultimately decide on the matter. | LINK

Related posts:

  1. Dem Senator Launches Inquiry into McDonalds Corp. Employer-Based Coverage About one month to go before a possible referendum on…
  2. Insurance Spent Big in ’09 to Fight Public Option Provision The lobby AHIP spent close to $90M in an effort…
  3. During Open Enrollment, Time to Reflect on Reform’s Medicare Advantage Provision A major provision in the healthcare reform law, the restrictions…

 

Related posts
Global HealthcarePolicy & Law

5 Tactics for Safeguarding the Global Health Industry Post-Covid-19

2 Mins read
We are beginning to enter into a new era in the fight against Covid-19, but there is yet more work to be…
Health carePolicy & Law

Three Tips for Improving Your Posture

2 Mins read
Posture is indicative of a number of things. Some importance, perhaps too much, is placed on body language. How standing and sitting…
Health carePolicy & Law

What happens when an inmate goes to the hospital?

2 Mins read
Healthcare is an important aspect of prisoner welfare in the US and indeed those who are incarcerated have a right to receive…