Insurer: No talk of seeking ‘ObamaCare’ delay
{mosads}Some Republicans lawmakers have pushed for a delay as a way to save money and accommodate states that didn’t begin implementing the law until it had survived almost every conceivable political challenge.
Although BCBSA isn’t joining with the GOP to back a comprehensive delay, it does want the Obama administration to delay the full implementation of some parts of the Affordable Care Act — including new limits on how much insurers can vary their premiums based on age.
The healthcare law says insurers can only charge their older customers three times more than what they charge young people. Insurers wanted that ratio set at five-to-one, and have pushed the Health and Human Services Department to gradually phase in the 3:1 ratio as a way to avoid sticker shock for young consumers.
BCBSA noted that HHS has phased in other parts of the healthcare law, and said the association’s lawyers are confident that HHS has the authority to delay the age-rating limits.
Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..