News
Insurers Call for ACA Subsidies for Catastrophic Plans
Posted 06.12.14
Claims it could hold down premiums
The health insurance industry has called for a change that would allow subsidies for individuals purchasing catastrophic plans. Currently catastrophic plans are not eligible for subsidies. The thought is that young and healthy people will be enticed to purchase coverage.
Also reported in the June 12, 2014 NAHU Newswire is an article about California’s seizure of assets under Medi-Cal. The legislature is considering reducing the amount of assets that can be recovered from heirs of individuals that were on Medicaid. The governor’s administration says the program would lose about $15 million annually if the seizures are reduced.