Latest In

Breaking News

Insurance companies want urge GOP-led states implement health care exchanges

According to reporting by Politico Pro , insurance companies are lobbying GOP-led states, like Florida, to change their mind about not implementing the state health care exchanges from the Affordable Care Act. Florida is currently one of only five states returning grants awarded by the federal government to implement health care exchanges created by the federal health care reform law. While this may be driven by ideology or strategy for GOP legislators, some insurance companies are worried it might be bad for business. Via ThinkProgress : Worried that red-state governors are standing in the way of business opportunities, the Blue Cross Blue Shield Association is “teaching its member plans how to overcome conservative opposition to the Democrats’ health care law,” Politico’s Kate Nocera reports: At a closed-door meeting Wednesday at D.C.’s Grand Hyatt with member plans from across the country, association officials covered topics like “Moving exchanges forward,” “What motivates conservatives to oppose creating exchanges

Jul 31, 2020
7.3K Shares
815.6K Views
According to reporting by Politico Pro, insurance companies are lobbying GOP-led states, like Florida, to change their mind about not implementing the state health care exchanges from the Affordable Care Act.
Florida is currently one of only five statesreturning grants awarded by the federal government to implement health care exchanges created by the federal health care reform law. While this may be driven by ideology or strategyfor GOP legislators, some insurance companies are worried it might be bad for business.
Via ThinkProgress:
Worried that red-state governors are standing in the way of business opportunities, the Blue Cross Blue Shield Association is “teaching its member plans how to overcome conservative opposition to the Democrats’ health care law,” Politico’s Kate Nocera reports:
At a closed-door meeting Wednesday at D.C.’s Grand Hyatt with member plans from across the country, association officials covered topics like “Moving exchanges forward,” “What motivates conservatives to oppose creating exchanges? Myths vs. facts,” and “Tactics and strategies,” according to a meeting agenda. The group heard from Mississippi Department of Insurance Senior Attorney Aaron Sisk during lunch.
According to multiple people who attended the meeting, there was a focus on what Blues plans could do to counter “hard-core conservatives” who are refusing to set up exchanges. There was an emphasis on working with coalitions at the grass-roots level to engage both the business community and constituents to help influence legislatures.
Insurance companies stand to gain billionsfrom the Affordable Care Act, but Florida’s lawsuitagainst the act, which will be considered by the U.S. Supreme Court, argues that parts of the law are unconstitutional.
According to the U.S. Census Bureau, Florida had the third highestpercentage of residents without insurance in 2010.
Camilo Wood

Camilo Wood

Reviewer
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Latest Articles
Popular Articles