High Deductible Health Plans

High Deductible health plans are on the rise in the US. Approximately 39% of large employers only offer high-deductible plans, and increase of 7% from 2009. Even though they’ve been on the rise, employers are now questioning the move and are considering reducing deductibles. For more information please see Bloomberg News.

Healthcare Access for 52 Million Americans Threatened

The preexisting conditions protection of the Affordable Care Act is being challenged in district court. If the plaintiffs win and the provision is removed, 52 million Americans under the age of 65 would be at risk of losing coverage essentially returning to the way things were before the ACA. For more information please see The Washington Post and The Wall Street Journal.

ACA Premiums Predicted to Rise 15% For 2019

The Congressional Budget Office (CBO) predicts that ACA premiums will rise by 15% in 2019, mainly due to the repeal of the individual mandate which takes effect the same year. They also predict that a total of 35 million people under the age of 65 will be uninsured by 2027. For more information please see CNN and CNBC.

No Lifetime Limits for Medicaid

The Centers for Medicare & Medicaid Services will not approve lifetime limits for Medicaid coverage previously requested by multiple states. This continued stance breaks with conservatives who support setting caps for how long an individual can receive Medicaid benefits. For more information please see The Hill.

Trump’s Plan to Lower Drug Prices Revealed

On Friday, May 11th the Trump Administration unveiled its plan to lower prescription drug prices. The proposal allows for more negotiation for Medicare drug prices through Part D drug plans. Additionally, the plan hopes to create more competition in the drug industry, expedite the availability of generic drugs, and reduce the amount paid to middlemen. No timeline for the implementation of the plan has been provided. For more information please see The Washington Post.