Insurers Fire Warning Shot With List Of Demands For Replacement Plan
The companies say they need a firm commitment from Republicans that the government will continue offsetting some costs for low-income people and that rules encouraging young and healthy people to sign up will be kept in place. However, they did say they're willing to relent on the individual mandate.
The New York Times:
Health Insurers List Demands If Affordable Care Act Is Killed
The nation’s health insurers, resigned to the idea that Republicans will repeal the Affordable Care Act, on Tuesday publicly outlined for the first time what the industry wants to stay in the state marketplaces, which have provided millions of Americans with insurance under the law. The insurers, some which have already started leaving the marketplaces because they are losing money, say they need a clear commitment from the Trump administration and congressional leaders that the government will continue offsetting some costs for low-income people. (Abelson, 12/6)
Bloomberg:
Health Insurers Willing To Give Up A Key Obamacare Provision
U.S. health insurers signaled Tuesday that they’re willing to give up a cornerstone provision of Obamacare that requires all Americans to have insurance, replacing it with a different set of incentives less loathed by Republicans who have promised to repeal the law. Known as the “individual mandate,” the rule was a major priority for the insurance industry when the Affordable Care Act was legislated, and also became a focal point of opposition for Republicans. In a position paper released Tuesday -- the first since President-elect Donald Trump’s victory -- health insurers laid out changes they’d be willing to accept. (Tracer, 12/6)
Reuters:
U.S. Insurer Lobby Group Seeks Delay In 2018 Obamacare Deadline
The largest lobbying group for health insurers has asked U.S. lawmakers weighing the fate of Obamacare to push back the due date for 2018 individual insurance submissions to regulators in hopes of obtaining greater clarity on the program's future later on. Republican leaders including President-elect Donald Trump and U.S. Senate Majority Leader Mitch McConnell have said they are keen to repeal President Barack Obama's signature health insurance program, the Affordable Care Act, which provides coverage to millions of Americans. (Humer, 12/6)
