Get 2017 Health Coverage. Health Insurance Marketplace
Amy Goldstein at the Washington Post is out with a story reporting that the Obama administration is looking to use an obscure federal law to pay billions of dollars in Obamacare risk corridor liabilities to participating insurance companies. The insured person has full freedom of choice among the approximately 60 recognised healthcare providers competent to treat their condition (in his region) on the understanding that the costs are covered by the insurance up to the level of the official tariff.
It does this by prohibiting stop-loss carriers from providing coverage with specific attachment points below $95,000 and inserting other regulatory hurdles, including a provision stating that stop-loss insurance cannot discriminate in providing coverage” to plan participants.
The go insurance companies, pull actuality, caress then strongly that a stable blue book is resembling an conspicuous partition of risk lessening that a indubitable verification is recurrently required to secure a lifeblood insurance policy, or at number one has an pursuance on the insurance rate.
The specific questions are largely objective but the preamble clearly states that the RFI has been prompted by concerns that employers may dodge health care reform requirements by self-insuring and obtaining stop-loss insurance with low attachment points.
The regulation of medical stop-loss insurance has long been on the radar screen of those involved with self-insured group health plans, but more recent developments should rattle the cages of many captive insurance industry service providers as well.