ACA Stabilization Rules Proposed

New rules have been proposed that would help stabilize the ACA markets.

The proposed rules would shorten the regular sign-up period for individual health plans sold under the ACA to a month and a half (currently the sign up period is three months). They would also curtail special enrollment periods that allow people to sign up for coverage outside the regular window that allow people game the system and sign up only after they get sick.

Another provision is targeted at people who enroll in coverage then stop paying. In those cases, health insurers could apply new payments from a customer to past debts on unpaid premiums. The administration said such a rule was “important as a means of encouraging individuals to maintain continuous coverage throughout the year and prevent gaming.”

Another proposed rule would give health insurers more flexibility to change the value of the coverage they provide, in order to keep up-front premiums stable from year-to-year.

Many changes are needed to help stabilize the market. But then what?

After all, if you stabilize the market, do you really want to “repeal and replace” it?

Something to think about.