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December 11, 2013
Academy Activities
On Nov. 14, the Health Practice Council (HPC) sent a letter to members of Congress outlining the potential consequences of proposals that would modify Affordable Care Act (ACA) provisions regarding plan cancellations in the individual and small group health insurance markets.
Members of the Academy’s Health Care Cost Work Group and Rate Review Practice Note Work Group presented at the National Conference of Insurance Legislators meeting in November. Audrey Halvorson, chairperson of the rate review work group, spoke about the effect of the ACA on premiums. Susan Pantely, chairperson of the subgroup on models of care delivery, spoke about finding ways to address health care cost growth, specifically in terms of care delivery redesign.
On Dec. 4, several hundred actuaries attended an Academy-hosted webinar titled, “Winning the Oregon Medicaid Lottery—A Case Study on Medicaid’s Effect on Utilization, Finances, and Health Outcomes,” which explored what researchers learned from Oregon’s efforts to expand its Medicaid program and compared those three components for individuals selected in the lottery and individuals not selected. Katherine Baicker, Ph.D., professor of Health Economics in the Department of Health Policy and Management at Harvard School of Public Health, provided an overview of the study, including methods, assumptions, and data received.
In early December, the HPC published a new fact sheet that provides an overview of the three risk-sharing mechanisms included in the ACA—the permanent risk adjustment program, the temporary risk corridors, and the transitional reinsurance program.
Legislative and Regulatory Updates
On Dec. 2, the Department of Health and Human Services released proposed rules on several provisions in the Affordable Care Act relating to the 2015 payment parameters for the risk-sharing mechanisms, cost-sharing reductions, and federally facilitated exchanges. The rules also address standards on composite rating, the annual open enrollment period for 2015, the actuarial value calculator, the Small Business Health Options Program, and annual limits on cost-sharing for stand-alone dental plans. The deadline for comments is Dec. 26.
In the News
The Academy’s Nov. 14 letter to members of Congress was covered in the following publications:
For a complete listing of upcoming and recent health care reform events click here.
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