With the Patient Protection and Affordable Care Act’s (ACA’s) ninth open enrollment period (OEP) set to launch in less than a month, the ACA Marketplaces are seeing record enrollment numbers with more generous subsidies, new carrier competition, and a relatively stable rating environment. At the same time, there is uncertainty with the trajectory of the COVID-19 pandemic and medical costs trending upward as the economy recovers, albeit at an uneven pace. These trends have made for a challenging rate review process in the 47 states plus the District of Columbia (D.C.) that conduct their own ACA rate reviews of carrier-proposed rates using federal review standards. State announcements of 2022 rates have trickled out at a slower pace than in prior years, and it is likely that many states will not publish their approved rates until the beginning of open enrollment. As always, state rate results vary widely and, even within states, there often are substantial variations among carriers and across different regions in geographically diverse states. With these caveats, this expert perspective highlights some observations about the factors that are impacting rate changes this year and the kind of variations that exist among states.
Responding to COVID-19: State Strategies for Medicaid and Commercial Health Insurance Oversight
On Wednesday, March 18 State Health and Value Strategies is hosting a webinar, Responding to COVID-19: State Strategies for Medicaid and Commercial Health Insurance Oversight.
As states navigate increased spread of COVID-19 (Coronavirus), and in light of the President’s declaration of a national emergency, states are evaluating the tools available to them to respond to this new public health crisis. The webinar explored both the strategies available to Medicaid programs and the opportunities for state regulators to reduce gaps in coverage and lower barriers to accessing care. Technical assistance experts from Manatt Health and Georgetown’s Center on Health Insurance Reforms discussed the steps states have taken so far, as well as strategies and opportunities for states to consider as they ramp up their response to COVID-19. The webinar included a question and answer session during which states posed their questions to the experts on the line.
SHVS also recently published an expert perspective, authored by our colleagues at Manatt Health, that highlights strategies state Medicaid and CHIP agencies can pursue as part of their emergency preparedness planning for, and response to, COVID-19.