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Senate GOP Leadership Unveils Latest Version of Health Reform Legislation
Timothy Jost, in Health Affairs Forefront July 14, 2017 "The Cruz amendment provides that an insurer could offer 'skinny' plans that do not comply with ACA requirements in a rating area for a plan year, as long as the insurer certified to HHS that it would make available at least one gold plan (80 percent actuarial value), one silver plan (70 percent actuarial value), and one plan with an actuarial value of 58 percent (the new benchmark level for determining premium tax credits) in the entire rating period for the plan year.... The July 13 amendment provides $70 billion for state stability funds. For the years 2020 to 2026, the Cruz amendment would require HHS to pay these funds to insurers that offer ACA compliant plans ... States with skinny plans could use money they receive under the stability fund to reduce premiums for ACA compliant plans." |
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