1332
Coverage must be as robust as ACA marketplace plans.
New York received approval to expand its Essential Plan to residents up to 250% of the federal poverty level. Coverage must be as robust as ACA marketplace plans
Many states (e.g., Alaska, Minnesota, Oregon ) use waivers to fund reinsurance, which compensates insurers for high-cost enrollees, successfully lowering premiums in the individual market. which compensates insurers for high-cost enrollees
Colorado implemented a "Colorado Option" designed to improve coverage availability. Implementation Process Coverage must be as robust as ACA marketplace plans
The proposal cannot increase the federal deficit. Key Strategic Uses & Examples
A comparable number of residents must have coverage.
This report focuses on the program, a critical component of the Patient Protection and Affordable Care Act (ACA) that enables states to customize their health insurance markets. Executive Summary: Section 1332 Waivers