Feds Not Paying Insurance Companies Subsidies

[HealthRisk]

It would help to know what state and what subsidies.

There are current lawsuits over the CSR subsidies and risk corridor payments. There is also a battle between the Treasury and CMS over reinsurance payments putting a question mark on those and risk adjustment is all over the map.

CMS did announce the preliminary risk corridor results for 2015 were such that all contributions will be used to pay the 2014 amounts. Carriers were already paid 12.6% for those, so they will get more. I wouldn't want to be short in 2016.

 

[bluemarlin08]

Dave Ramsey is recommending folks go to health sharing plans. He is a fool,

 

[TN_agent]

What other choice do some of these people have?

Especially the ones in the family glitch.

 

[bluemarlin08]

I know you don't like STM, but for some I think it is a much better option than a non contractual plan.

 

[kgmom219]

What other choice do some of these people have?

Especially the ones in the family glitch.

STM is better choice than CSM. Plus, there is underwriting on both, its not any easier to get a CSM plan

 

[HealthRisk]

STM is better choice than CSM. Plus, there is underwriting on both, its not any easier to get a CSM plan

Until the feds kill STM...

 

[bluemarlin08]

Then they are no worse off. Sources tell me won't happen once the new rate increases hit.

 

[kgmom219]

Until the feds kill STM...

My crystal ball says its going to survive another year.

Especially if the election is close

 

[TN_agent]

STM is better choice than CSM. Plus, there is underwriting on both, its not any easier to get a CSM plan

I agree with you, don't misunderstand. I don't intend to sell health shares, I will sell short term.

It can be hard to compete with the health shares, though, especially for bigger families/religious.

 

[Yagents]

My crystal ball says the news will come out on a Friday afternoon.

Anyone challenge my ball?