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August 05, 2020

Health Law Daily

Trump Administration Says Insurers Can Offer Temporary Premium Reductions For Certain ACA Policies

  • August 05, 2020

Bloomberg Law (8/4, Hansard, Subscription Publication) reports that “insurers can offer temporary premium reductions for individual and small group” Affordable Care Act policies, the Trump Administration announced on Tuesday. Bloomberg Law adds, “‘In light of the urgent need to help individuals and small employers experiencing economic hardship maintain continuous coverage through the COVID-19 public health emergency, CMS will adopt a policy of relaxed enforcement’ of federal law and regulations that don’t permit insurers to change premiums during a benefit year, the Centers for Medicare & Medicaid Services said in regulatory guidance.”