According to a Sept. 7 HHS release, states that use reinsurance waivers provide more affordable coverage to residents by offering to pay insurers for claims that would otherwise be paid by consumers through higher premiums.
Eligible states will receive between $2.5 million and $139 million depending on the size and scope of their reinsurance programs.
The pass-through funding is provided through Section 1332 waivers and comes from the American Rescue Plan.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
