Home Invites Members Groups Events Directories Videos News Photos Blogs Forums Chat
Home > Blogs > Post Content

HOW HHS & DEPT. OF TREASURY PARTNERSHIP TO FOSTER HEALTHCARE INNOVATION! (277 hits)

PRESS RELEASE!

Providing opportunity through Section 1332 State Innovation Waivers!


On Monday, March 13, 2017, the Department of Health and Human Services (HHS), in partnership with the Department of the Treasury, suggested ways to help foster healthcare innovation by giving states greater flexibility.

“States need the flexibility to develop innovative healthcare models that will improve patient access to care, increase affordability and choices offered, lower premiums, and improve market stability,” said Health and Human Services Secretary Tom Price, M.D. “Today’s letter highlights State Innovation Waivers as opportunities for states to modify existing laws or create something entirely new to meet the unique needs of their communities.”

Section 1332 of the Affordable Care Act (ACA) permits a state to apply for a State Innovation Waiver to pursue innovative strategies for providing its residents with access to high quality, affordable health insurance. The Departments are promoting these waivers to give states the opportunity to develop strategies that best suit their individual needs. Through innovative thinking, tailored to specific state circumstances, states can lower premiums for consumers, improve market stability, and increase consumer choice.


For example, Alaska has made significant improvements to its individual health insurance market by implementing a state-operated reinsurance program. Initial rate information in Alaska indicated that premiums would increase over 40 percent for the 2017 plan year. To mitigate this anticipated increase, the state created a reinsurance program prior to Open Enrollment for plan year 2017 to significantly offset the projected increase, helping to stabilize premiums. Based on this success, Alaska is now requesting a Section 1332 State Innovation Waiver, which is currently under review by the Departments, to permit it to receive funding based on the savings to the government related to lower premium tax credits and continue this program for future plan years. If a state’s plan under its waiver proposal is approved, a state may be able to receive pass-through funding to help offset a portion of the costs for the high-risk pool/state-operated reinsurance and other premium stabilization programs while also lowering costs for consumers. The Departments welcome the opportunity to work with states on Section 1332 State Innovation Waivers, and in particular, invite states to pursue approval of waiver proposals that include high-risk pool/state-operated reinsurance programs.

To find further information regarding section 1332 State Innovation Waivers visit: https://www.cms.gov/CCIIO/Programs-and-Initiatives/State-Innovation-Waivers/Section_1332_State_Innovation_Waivers-.html.


To find a copy of the letter, visit: https://www.cms.gov/CCIIO/Programs-and-Initiatives/State-Innovation-Waivers/Downloads/March-13-2017-letter_508.pdf

Posted By: agnes levine
Wednesday, March 15th 2017 at 2:38PM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
Sister Levine, on that very first is not working, I will check it again when I get home.


Wednesday, March 15th 2017 at 8:29PM
Deacon Ron Gray
More From This Author
HOW OBAMA FOUNDATION IS SEEKING INTERNS, BIDEN FOUNDATION ON WORLD REFUGEES, ...!
HOW SHAVEI ISRAEL CHAIRMAN MICHAEL FREUND FEATURED ON TBN & SUMMER CAMP IN CHURACHANDOUR !
HOW TO REGISTER & ATTEND TODAY'S FREE WEBINAR ON BARRIERS TO RENTING BY NLCHP AT 2 P.M.EST
HOW LEVINE-OLIVER PUBLISHER IS HOT OFF THE PRESS WITH OBAMA & BIDEN FOUNDATION NEWS!!
HOW ARCHDIOCESE OF ATLANTA ARCHBISHOP WILTON D. GREGORY SAYS, "TELL YOUR EXPERIENCE ABOUT ATLEC2017!!"
HOW CATHEDRAL OF CHRIST THE KING CATHOLIC CHURCH, ATL, GA- MONSIGNOR McNAMEE SAYS, "HAPPY FATHER'S DAY!"
HOW TO CELEBRATE JUNETEENTH DAY WITH GULLAH GEECHEE NATION QUEEN QUET, ...!
HOW TO JOIN BISHOP PAUL S. MORTON MORNING WORSHIP AT 11:00!
Forward This Blog Entry!
Blogs Home

(Advertise Here)
Who's Online
>> more | invite 
Latest Photos
>> more | add
Latest Member Activity
antoinette coleman just posted a blog entitled 'take control of your life --- today!'. 09:31PM
cortez law iii just posted a blog entitled ' subcommittee passes bill to make yucca mountain the u.s. nuclear repository'. 03:32PM
cortez law iii just posted a blog entitled 'book trailer reviews-gone tomorrow'. 07:51PM
cortez law iii just posted a blog entitled ''horrifying suspense'-book review of dead heat'. 06:12PM
pam perry just posted a blog entitled 'here's how to generate multiple streams of income '. 06:13PM
antoinette coleman just posted a blog entitled 'life-changing book promotion! order your copy --- today!'. 09:36PM
antoinette coleman just posted a blog entitled 'know your purpose and fulfill it!'. 09:31PM
cortez law iii just posted a blog entitled ' tunnel collapse at washington state nuclear site renews safety concerns'. 10:10PM
unnia pettus just joined a new club (women writers). 05:34PM
unnia pettus just became a new member. 05:24PM
antoinette coleman just posted a blog entitled '"taking control of your life from the inside out" a must read!'. 09:05PM
terita buchanan-moore just edited her profile. 11:38AM
>> more | invite friends