Fierce Healthcare March 1, 2019
BCBSA has proposed several policy changes that could lower premiums on the individual markets
Bolstering the individual marketplaces could lead to an additional 4 million people gaining coverage, according to the Blue Cross Blue Shield Association.
BCBSA proposed (PDF) several policy steps that could improve access and affordability in the individual market, and an analysis from Oliver Wyman suggests the platform could reduce premiums by an average of 33% on top of adding millions to the rolls.
The proposal centers on three main policies:
- Enhancing tax credits available to people purchasing plans, particularly for younger people.
- Building a sustained funding stream to support the cost of care for people with chronic illness.
- Growing outreach for...
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