As the House considers its repeal of the health law’s unpopular 1099 reporting provision, the measure’s premium tax credits are being eyed as a possible pay-for.
Despite the outcomes of the mid-term elections, the health overhaul is the law, and it’s up to HHS to make the “vital protections” it put into a place a reality.
The development of this draft rule is not a contest with winners and losers, but an effort to create a framework to press insurers to spend less money on bureaucracy and more on health care in a way that benefits consumers and keeps insurance markets viable.
In a response to the August 23 opinion column by Douglas Holtz-Eakin and Michael Ramlet, Timothy Jost, a National Association of Insurance Commissioners consumer representative, says the NAIC has been meticulously transparent and participatory in its processes to implement the medical loss ratio requirement.
The health overhaul does establish new national requirements that insurers must meet. To help coordinate state regulatory efforts, health reform looks to the National Association of Insurance Commissioners.