Health insurers get more time to calculate increases for 2018

New York Times

13 August 2017 - The Trump administration is giving health insurance companies more time to calculate price increases for 2018 because of uncertainty caused by the president’s threat to cut off crucial subsidies paid to insurers on behalf of millions of low-income people.

Federal health officials said the deadline for insurers to file their rate requests would be extended by nearly three weeks, to Sept. 5.

The extension was announced in a memorandum that insurers received on Friday from the federal Centers for Medicare and Medicaid Services, which runs the federal insurance marketplace and regulates insurers under the Affordable Care Act.

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Michael Wonder

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Michael Wonder