Claims for high-cost individuals have resulted in increasing premiums for all consumers purchasing individual coverage on the health insurance marketplace created by the Affordable Care Act (ACA). In 2017, the U.S. Department of Health and Human Services encouraged all governors to consider using the ACA’s Section 1332 Waiver for State Innovation to implement high-risk pools, reinsurance programs or other strategies to lower marketplace premiums.
This issue brief, State-Based Strategies to Stabilize the Health Insurance Marketplace, describes the potential costs and benefits of these programs and how they may impact a state’s individual health insurance market.
The Kansas Health Institute (KHI) delivers objective information, conducts credible research, and supports civic dialogue enabling policy leaders to make informed health policy decisions that enhance their effectiveness as champions for a healthier Kansas. Established in 1995 with a multiyear grant from the Kansas Health Foundation, KHI is a nonprofit, nonpartisan educational organization based in Topeka.