A team at the National Association of Insurance Commissioners (NAIC) is trying to figure out how health insurers should get the cash to pay their Patient Protection and Affordable Care Act (PPACA) fees.
The team — the Health Care Reform Regulatory Alternatives Working Group – has come up with five ways insurers could handle the fact that the new PPACA fees are supposed to kick in on Jan. 1, 2014.
The working group has described the options in a rough draft of a discussion paper posted on the Health Actuarial Task Force section of the NAIC’s website.
The NAIC created the working group to give regulators from states that are skeptical about PPACA a way to share ideas about how to cope with the law.
The discussion paper drafters used estimates from the American Action Forum, a group that opposes PPACA, in the paper draft.