Jun 21, 2017
From the Healthcare & Life Sciences Institute
On April 13, HHS finalized its market stabilization rule, less than two months after the proposed rule was released. The Final Rule received over 4,000 public comments, however, it is not a significant departure from the proposed rule. The Final Rule aims to “stabilize the individual and small group markets and affirm the traditional role of State regulators.”
Although Congressional leaders and the White House will likely continue to push for more comprehensive reforms to the Affordable Care Act (ACA) through legislation and regulation, this Final Rule is intended to signal to insurers that the Administration hopes to lessen the regulatory burden and promote issuers’ participation to stabilize the individual market and ensure continued access to affordable, quality coverage for millions of Americans for the 2018 plan year and beyond.