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CMS Offers States Help in Establishing Reinsurance Programs

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By Ashley Bateman and Ashley Herzog
The Heartland Institute, Aug. 22, 2019

CMS has rolled out new resources to help states navigate the process of obtaining waivers to create reinsurance programs, which have become an attractive option for states struggling with their Obamacare health insurance exchanges. The programs create risk mitigation programs for higher-cost individuals. This has the effect of reducing premiums and attracting healthier people back into the insurance pools.  High risk pools are an attempt to remedy a problem created by Obamacare, says Doug Badger, a senior fellow at the Galen Institute. “Healthy people did not enroll in anything like the numbers the experts had predicted, producing a pool that was disproportionately unhealthy and poor,” Badger said. His new paper, How Health Care Premiums Are Declining in States That Seek Relief from Obamacare’s Mandates, explains the successes of the program so far. Click here to read more.

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