Insurers get more time to finalize 2018 Obamacare premiums requests

Uncertainty On CSR Payments, Mandate Still Weighs On Insurer Exchange Participation And Premiums

Almost 8 in 10 Americans say President Donald Trump should be trying to make the health law work, according to poll conducted by the Kaiser Family Foundation. Most Democrats (70%) and independents (59%) favor the bi-partisan approach, though almost half of Republicans (49%) and Trump supporters (46%) want Republicans to continue pursuing their own plan to repeal and replace the law.

Insurers are seeking double-digit premium increases in light of "uncertainty" surrounding the Affordable Care Act, according to a new, nonpartisan study. Other insurers have filed rates assuming that the CSRs would be made, but stated that they would increase their rates an additional 6 to 28 percent if payment ceased.

The survey, Kaiser's first since the stunning collapse of Republican efforts to repeal and replace the 2010 Affordable Care Act, also found 69 percent say the GOP should focus on improving Obamacare's web-based exchanges, compared to just 29 percent who want Republicans to continue their plans to scrap the law.

Most (60%) of the public say that President Trump and Republicans in Congress control the government and are responsible for any problems with the ACA going forward, twice the share (28%) who say President Obama and Democrats in Congress are responsible for such problems.

CommScope Holding (COMM) Getting Somewhat Favorable News Coverage, Analysis Finds
LS Investment Advisors LLC purchased a new position in shares of CommScope Holding during the second quarter worth about $114,000. Barclays Capital maintained Commscope Holding Company Inc (NASDAQ: COMM ) on Tuesday, November 10 with "Overweight" rating.

The Democratic Senatorial Campaign Committee wasted no time in seizing on Kaiser's premium report, arguing that Mr. Trump and his GOP allies were putting their political interests ahead of the people they serve. Many are asking for big rate hikes or are exiting the market completely because of the uncertainty of the health reform law's future under the Republicans.

The KFF examined preliminary premiums and insurer participation in the 20 states and the District of Columbia where premium rate filings were available and included enough detail to show the premium for specific enrollees in the silver plan, the second lowest cost plan.

The highest proposed increase was 49 percent in Wilmington, Delaware. At stake is the fate of the exchanges and the 10 million Americans who receive coverage through the exchanges, and in particular the 6.7 million people who purchase individual insurance on or off the exchanges without subsidies. Up to 7 million more people buy coverage off the exchange but don't qualify for subsidies.

"In the past, requested premiums have been similar, if not equal to, the rates insurers ultimately charge". It is key to drawing in younger and healthier consumers.

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