President Donald Trump last week signed an executive order to exempt health plans offered by trade and professional associations from the same coverage requirements as those offered by small businesses and on the individual market. Many fear such a move would drive up premiums for other plans.
Data released Wednesday reveal that the number of 2018 Medicare Advantage plans that performed well in the CMS' star-ratings program dropped slightly from 2017. At the same time, the amount of insurers that receive certain ratings hasn't changed significantly in recent years.
The best healthcare providers don't need marketing tools to attract patients, because they have data. And no amount of marketing can fix bad quality.
The number of Americans without health insurance continued to fall in 2016, according to new data from the U.S. Census Bureau. Last year, 28.1 million people, or 8.8% of the U.S. population, were uninsured for the entire year, down from 29 million people, or 9.1% of the population in 2015.
Although insurers asked for a 17.7% increase, New York's Department of Financial Services approved a 14.6% bump as it factored in the potential loss of cost sharing–reduction payments that insurers use to cover out-of-pocket expenses for lower-income consumers.
President Donald Trump's decision Thursday to end federal cost-sharing reduction payments to insurers puts the spotlight on Republican and Democratic senators who are trying to craft a bill to fund those payments and stabilize the individual insurance market.