Thursday, December 15, 2016
Please take particular note of the last paragragh!
To have an orderly transition, I think Republicans need to reimplement the risk corridors by February or March. That is the only chance they have. I don’t think there is a single Republican member of Congress who has thought about this. I’m reading all these quotes and they’re completely blind to the fiasco on the individual market that they’re about to create.
KAISER - TABLE 1 - SUMMARY OF RISK AND MARKET STABILIZATION PROGRAMS IN THE AFFORDABLE CARE ACT:
The ACA’s risk adjustment, reinsurance, and risk corridors programs were intended to protect against the negative effects of adverse selection and risk selection, and also work to stabilize premiums, particularly during the initial years of ACA implementation:Table 1: Summary of Risk and Market Stabilization Programs in the Affordable Care Act
Thoughts are welcome and please forward to anyone who can help or is interested!