Very early indications suggest that the coverage menus available through the public health insurance exchange program in New York state in 2017 might be comparable to the 2016 menus.
Non-binding issuer interest letters were due at the N.Y. State of Health exchange Monday.
The state-based exchange is not giving any details about the letters it received. But a representative said that, at this point, the exchange believes the plans available in 2017 could be “largely the same” as the plans available this year.
Jeff Miles, a California-based broker who operates in California, New York state and Tennessee, said in an interview that he expects to see individual products available in California and New York but is not sure what the Tennessee market will look like.
HealthCare.gov, the U.S. Department of Health and Human Services (HHS) exchange enrollment and administration system, provides public exchange services in Tennessee.
In a state like Tennessee, with a dominant carrier, the dominant carrier is “going to keep selling something” in the individual market, Miles predicted.
But, in some states, the individual products that are still available in 2017 may not be nearly as attractive or affordable as the products that are now available, Miles said.
Getting information about the 2017 market, or the current market, from regulators has been difficult, Miles said.
“There isn’t a lot of transparency,” Miles said. “They love to beat up on the insurance companies when the insurance companies are being clandestine. But they’re equally, if not more, secretive.”
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