Health Affairs December 16, 2022
On December 12, 2022, the U.S. Department of Health & Human Services (HHS) released a proposed rule to refine and update Plan Year 2024 standards for health insurers and Marketplaces under the Affordable Care Act (ACA). In addition to the proposed 2024 Notice of Benefit & Payment Parameters (NBPP) the agency also released a Fact Sheet, the 2024 Draft Letter to Issuers, the 2024 Actuarial Value Calculator and Methodology, guidance on annual adjustments to certain numerical payment parameters, and a response to Alabama’s request for risk adjustment flexibility. Comments on the proposals must be submitted within 45 days after official publication in the federal register.
The proposed rule builds on recently implemented requirements for standardized plans, network adequacy, and fair...