New rules for health insurance rate increases took effect on September 1st. By giving consumers access to more information about why insurers are raising their rates – and whether experts deem the increases reasonable – the new rules aim to put downward pressure on health insurance premiums.
Changes are finally coming to states’ health insurance marketplaces. For small businesses, these changes can’t come soon enough. New rules prohibiting discrimination and strengthening oversight of rate increases will protect small businesses from rate shocks. A guaranteed essential benefits package will provide assurance of a minimum level of coverage. And new state insurance exchanges willContinue reading “Association Health Plans: Good or Bad for Small Business?”