States, Insurers Prepare Backup Plan for Health Insurance Requirement

Some states and insurers are developing backup plans in case the Patient Protection and Affordable Care Act's individual mandate is struck down by the Supreme Court, which is hearing oral arguments on the issue today, according to a New York Times report.

States and payors are considering several options to encourage health insurance enrollment if the individual mandate is nixed from the healthcare law. One option is establishing a state-run individual mandate that requires enrollment or assesses a fine.

Another option is penalizing people who delay purchasing coverage or limiting insurance enrollment periods — as Massachusetts did — to discourage people from buying insurance only when needed. In addition, states could require employers to automatically enroll their employees unless they opt out.

More Articles on Healthcare Reform:

Two Hours May Determine Fate of Healthcare Reform's Individual Mandate
Supreme Court Seems Skeptical of Anti-Injunction Act's Relevance to Reform Law

Will a Healthcare Reform Ruling Have to Wait Until 2015?

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars