Health insurers respond to Trump threat on pricing | Awesome Investors

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Pleading Their Cause
Major healthcare groups, led by America’s Health Insurance Plans, sent a letter to leaders of the House of Representatives as well as the Senate and a separate one to the president himself, requesting that the individual health insurance market be stabilized, as the window is closing to price individual insurance products for 2018. This association has among its members companies such as CIGNA Corporation CI, Humana Inc HUM and Anthem Inc ANTM.

“The most critical action to help stabilize the individual market for 2017 and 2018 is to remove uncertainty about continued funding for cost sharing reductions (CSR),” the letter said.

The number of individuals who benefit from the CSR is 7 million, or about 60 percent of all individuals who purchase coverage through the marketplace.

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Health insurers respond to Trump threat on pricing | Awesome Investors.