Thursday, 29 November 2018

News Alert: New Trump administration guidelines would undermine central rules of Affordable Care Act, allow states to redefine use of subsidies

According to new advice issued by Trump administration health officials, states would be free to redefine the use of ACA subsidies, which have provided the first help the government has ever offered consumers to afford monthly insurance premiums. Under the new guidelines, states could allow the subsidies to be used for health plans the administration has been promoting that are less expensive and provide skimpier benefits and fewer consumer protections. Even more dramatically, states could let residents with employer-based coverage set up accounts in which they mingle the federal subsidies with health-care funds from their job to use for premiums or other medical expenses.
 
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News Alert Nov 29, 12:15 PM
 
 
New Trump administration guidelines would undermine central rules of Affordable Care Act, allow states to redefine use of subsidies

According to new advice issued by Trump administration health officials, states would be free to redefine the use of ACA subsidies, which have provided the first help the government has ever offered consumers to afford monthly insurance premiums.

Under the new guidelines, states could allow the subsidies to be used for health plans the administration has been promoting that are less expensive and provide skimpier benefits and fewer consumer protections. Even more dramatically, states could let residents with employer-based coverage set up accounts in which they mingle the federal subsidies with health-care funds from their job to use for premiums or other medical expenses.

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