Pa. official: insurance companies wary about future Trump moves on ACA
Photo by AP Photo/Pablo Martinez Monsivais, File
This Oct. 24, 2016, file photo, shows the HealthCare.gov 2017 website home page on a laptop in Washington.
(Harrisburg) — While House Republicans didn’t get their American Health Care Act to the floor last week, some are still waiting, and watching.
Pennsylvania Insurance Commissioner Teresa Miller recently met with insurance company executives, and she says they feel that the healthcare dot gov marketplace is stabilizing.
But there’s uncertainty.
Even though the American Health Care Act is dead for now, President Trump’s administration could make administrative changes to the Affordable Care Act.
Miller says one would end subsidies that reduce the cost of health care for lower-income people who buy on the exchange.
“That’s a major, major concern. I think what I heard very clearly is if those payments go away, that alone could make this implode,” says Miller. “Having the statements out there about waiting for the law to implode and waiting for the individual markets to implode, that has them very worried because they just don’t know what actions members of Congress and the Trump administration might take to do that.”
About 415,000 people in Pennsylvania get coverage through the exchange.
In the middle of this uncertainly, insurance companies are deciding on their 2018 rates.
Miller says she doesn’t think any more companies will stop offering coverage on healthcare.gov.
Rate proposals are due by May 22nd.
A collection of interviews, photos, and music videos, featuring local musicians who have stopped by the WITF performance studio to share a little discussion and sound. Produced by WITF’s Joe Ulrich.
