The Centers for Medicare & Medicaid Services (CMS) seems to be doing more to at least look as if it will eventually implement the Patient Protection and Affordable Care Act (PPACA) health plan "transparency" provisions.
Meanwhile, in apparently separate, but, in my opinion, closely related news, CMS is saying it has problems with the data health insurers have sent in for a complicated new risk-management program, the risk corridors program, which is supposed to shift cash from health insurers that have good underwriting results in 2014, 2015 and 2016 to insurers that have poor results in those years, to help compensate for some of the effects of PPACA market changes.
CMS officials said they were spending more time validating insurers' risk corridors filings and might make some insurers re-do their filings.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
