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HHS and Treasury Department Approve Alaska's 1332 State Innovation Waiver Application
Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS]
July 12, 2017 "Alaska sought a [State Innovation Waiver under the ACA (a '1332 Waiver')] to implement the Alaska Reinsurance Program (ARP) for 2018 and future years in an effort to stabilize the individual healthcare market.... The ARP is a state-operated program which covers claims in the individual market for people with one or more of 33 identified high cost conditions in order to help stabilize premiums for healthier participants.... Alaska projects that the ARP will reduce premiums by 20 percent in 2018, and more consumers may have coverage." MORE >> |
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