The board of the National Association of Health Underwriters wants health insurance reform to proceed at an orderly pace and said that repeal of tax credits should be delayed until 2019 to allow for stability in the marketplace.
“Our industry is in for quite a ride as this new term gets underway,” the board of the state association noted in an email on Jan. 24. “All indications, including one of the first executive orders to carry Potus 45’s signature, are that the ACA will most definitely be undergoing swift and significant changes.”
The email further noted:
The National Association of Health Underwriters is working with House and Senate leadership, and committees of jurisdiction, on how to create a sustainable insurance marketplace that controls cost but also allows citizens to be protected and retain coverage.
NAHU’s position is that any efforts for the repeal of tax credits, cost-sharing tax credits, tax credit to territories and the small business tax credit be delayed to January 2019 in order to allow time for a replacement mechanism to be put in place to prevent a destabilization of the market.
Members of the California Association of Underwriters believe it is critical, as part of any health care reform at the federal level, to ensure that licensed agents are able to continue to help clients and consumers find and keep quality affordable health care now and in the future. California has its own statutory framework – distinct and apart from the federal law. California law will stand, even if the federal laws are changed, replaced or repealed, unless the federal statute also dictates a dismantling of California law.
Trump Order Fuels Uncertainty
President Trump’s executive order instructing federal agencies to grant relief to constituencies affected by the Affordable Care Act has begun to reverberate throughout the nation’s health-care system, injecting further uncertainty into an already unsettled insurance landscape, reported the Washington Post.
The political signal of the order, which Trump signed just hours after being sworn into office, was clear: Even before the Republican-led Congress acts to repeal the 2010 law, the new administration will move swiftly to unwind as many elements as it can on its own — elements that have changed how 20 million Americans get health coverage and what benefits insurers must offer some of their customers.
But the practical implications of Trump’s action on Friday are harder to decipher. Its language instructs all federal agencies to “waive, defer, grant exemptions from or delay” any part of the law that imposes a financial or regulatory burden on those affected by it. That would cover consumers, doctors, hospitals and other providers, as well as insurers and drug companies.
The prospect of what could flow from pulling back or eliminating administrative rules — including no longer enforcing the individual mandate, which requires Americans to get coverage or pay an annual penalty, and ending health plans’ “essential benefits” — could affect how many people sign up on the Affordable Care Act marketplaces before open enrollment ends Jan. 31 for 2017 coverage, as well as how many companies decide to participate next year.
Robert Laszewski, president of the consulting firm Health Policy and Strategy Associates, called the executive order a “bomb” lobbed into the law’s “already shaky” insurance market. Given the time it will take Republicans to fashion a replacement, he expects that federal and state insurance exchanges will continue to operate at least through 2018.
The entire article can be read at: http://www.calbrokermag.com/insurance-insider-newsletter/health-underwriters-groups-calls-for-delay-on-some-repeal/#healthnews