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CMS approves Georgia's reinsurance plan, exiting HealthCare.gov for 2023 coverage
CMS on Sunday announced it had approved Georgia's request to lower individual market insurance premiums by establishing a reinsurance program and enabling people to buy coverage directly through web brokers or insurance companies instead of HealthCare.gov.
It is the first state to do away with the marketplace without establishing another hub to purchase coverage. The state requested a 1332 state innovation waiver to eliminate the HealthCare.gov portal provided by the Affordable Care Act for individuals to purchase coverage.
CMS on Sunday announced it had approved Georgia's request to lower individual market insurance premiums by establishing a reinsurance program and enabling people to buy coverage directly through web brokers or insurance companies instead of HealthCare.gov.
It is the first state to do away with the marketplace without establishing another hub to purchase coverage. The state requested a 1332 state innovation waiver to eliminate the HealthCare.gov portal provided by the Affordable Care Act for individuals to purchase coverage.
