States scramble to prevent ObamaCare exodus

[Yo_Mama_Been_Loggin]

Insurance commissioners are pulling out all the stops to keep insurers from leaving their states amid uncertainty over ObamaCare's future. 

They are offering insurers new, previously unheard of flexibilities to try to keep them in the market.

But the effort faces an uphill climb, given the Trump administration's wobbling over whether it will continue federal payments that compensate insurers for subsidizing out-of-pocket costs for lower-income households. There's also the question of whether Congress will repeal ObamaCare this year. 

Insurers are skittish and pleading for certainty from Washington. They want assurances that they will continue to receive cost-sharing reduction payments from the federal government, which total about $7 billion this year.

But no such promise appears forthcoming, prompting insurance commissioners to try and hold things together with later filing deadlines for enrollment and new concessions to insurers. 

“As a regulator, instead of being rigid on timelines, the type of pricing I’m going to want, I’m being more open about this,” said John Franchini, New Mexico’s insurance superintendent. “I’m trying to be more flexible to give them confidence that if things change, we as regulators will be flexible with them.”

http://thehill.com/policy/healthcare/336179-states-scramble-to-prevent-obamacare-exodus

[Wellstone ruled]

1. If Trump and the GOP are planning on crashing our

economy,well,this will do it once and for all. Some one ventured the job losses at 12 million just for openers. Most of new jobs since 2010 have been Green and Health Care related.