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August 20, 2014 at 05:34 AM
The Patient Protection and Affordable Care Act (PPACA) contains a provision — Section 1332 — that states can use to turn it inside outside.
PPACA Section 1332 gives states a chance to ask the secretary of Health and Human Services (HHS) and the Treasury secretary for a waiver of many PPACA components, including:
- The qualified health plan (QHP) requirements.
- The public health insurance exchange requirements.
- The cost-sharing reduction program provisions
- The Section 36B premium tax credit provisions.
- The employer coverage mandate requirements.
- The minimum essential coverage (MEC) requirements.
The Health Insurance and Managed Care Committee, an arm of the National Association of Insurance Commissioners (NAIC), included a conference call report mentioning PPACA Section 1332 in the packet for its session at the NAIC’s summer meeting. The NAIC is meeting this week in Louisville, Ky.
