Tavenner: Insurers Might Bail on the ACA En Masse

Everything is up in the air about health care these days, and that’s making insurers jittery. Health plans will almost surely either leave the ACA exchanges or jack up their premiums by at least 20%, according to AHIP President Marilyn Tavenner. She testified Wednesday before the Senate Committee on Health, Education, Labor and Pensions. The situation is so dire that some states “will not have any insurers selling health plans to individuals buying coverage on their own for 2018,” the Washington Post reports.

For insurers to stay, the government would have to make some assurances, Tavenner said. Insurers want some guarantee that government premium subsidies will continue, although they should be aimed more at young adults as an incentive to buy coverage.

“She [Tavenner] also said the government should continue a second form of subsidy, known as cost-sharing reductions, that now benefit nearly 6 million lower-income ACA customers,” the Washington Post reports.

Source: Washington Post