insurance

TN health insurance rates increased; Congress criticized

News release from Department of Commerce and Insurance

NASHVILLE – The Tennessee Department of Commerce and Insurance (TDCI) announces today the approval of insurance rates requested by the three carriers offering coverage on the Federally Facilitated Marketplace (FFM) ahead of Open Enrollment for 2018.

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Alexander’s bipartisan Obamacare fix fails

Republican Sen. Lamar Alexander of Tennessee and Democratic Sen. Patty Murray of Washington have given up on their push for a bipartisan bill to continue federal subsidies for health insurance under Obamacare as a short-term fix for individual health insurance market.

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Senate GOP spat: Alexander versus Hatch

Sen. Lamar Alexander’s efforts to craft a bipartisan bill to shore up Obamacare are drawing “hostile fire” from a fellow Republican Senate committee chairman, reports Politico.

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Report: 9% of Tennesseans have no health insurance

The number of Tennessee residents without health insurance has dropped to just 9 percent, even though the state has rejected Medicaid expansion, reports WPLN. Tennessee was near 15 percent amid the recession and prior to Obamacare’s implementation.

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Haslam, other govs pitch quick health insurance fix

Gov. Bill Haslam on Thursday urged Congress to “move quickly to stabilize” the nation’s individual health insurance market and then mount “a serious effort” to curb soaring health care costs as federal lawmakers seek ways to keep the Affordable Care Act from imploding, reports the Times Free Press.

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McPeak pushes continued fed subsidies to U.S. senators

Tennessee Insurance Commissioner Julie Mix McPeak urged Congress on Wednesday to continue federal cost-sharing payments to insurers, arguing the subsidies are the key to strengthening insurance markets and potentially bringing down costs next year.

Further from Michael  Collins’ report:

Appearing before a Senate panel, McPeak insisted the payments should not be seen as an “insurer bailout.”

To the contrary, she said, cost-sharing funding “ensures that some of our most vulnerable consumers receive assistance for copays and deductibles that are required to be paid under federal law.”

McPeak’s testimony before the Senate Health, Education, Labor and Pensions Committee came during the first of four hearings focused on strengthening the individual health insurance market after the collapse of the GOP’s effort to repeal the Affordable Care Act, or Obamacare.

Sen. Lamar Alexander, the Tennessee Republican who chairs the panel, said he hopes lawmakers will reach a consensus by the end of next week and approve bipartisan legislation by the end of the month to stabilize the individual health insurance market and guarantee that affordable coverage is available for those who want it.

Note: Gov. Bill Haslam speaks to the panel today.

TN workers’ comp insurance rates continue decline

Workers’ compensation insurance rates will drop again next year for most Tennessee businesses as safer work sites and non-judicial settlements of workers’ comp claims continue to cut the costs of insurance industry, reports the Times Free Press.

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Haslam & Alexander health care commentary: A sinking nation with a house on fire?

Tennessee Republican Bill Haslam, one of five governors scheduled to testify Sept. 7 before the U.S. Senate committee trying to come up with a health care insurance plan, outlined his views on the issue in a visit to Chattanooga Thursday, reports the Times Free Press.

Sen. Lamar Alexander, who chairs the committee, also had a Tennessee speech Thursday including remarks on the matter. The Times Free Press has a report on both.

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BlueCross BlueShield, Cigna seek big TN Obamacare insurance premium increases for 2018

News release from Department of Commerce and Insurance

NASHVILLE – The Tennessee Department of Commerce and Insurance (TDCI) releases the insurance rates requested by carriers offering coverage on the Federally Facilitated Marketplace (FFM) ahead of Open Enrollment for 2018. The deadline for rate requests was July 1 and three carriers filed rates with the Department. TDCI is also making available a map of the state showing where carriers have filed forms and rates and providing examples of average premium prices for 35- and 55-year old individual purchasers.

BlueCross BlueShield of Tennessee, Cigna, and Oscar Health have all notified the Department they intend to offer coverage on the FFM in 2018. The following rates have been requested:

BlueCross BlueShield of Tennessee:  Average 21.4 percent increase (range: 4.6% – 44.5%)

Cigna: Average 42.1 percent increase (range: 12.2% – 182.2%)

Oscar Health: Initial rate request

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Alexander, Corker refrain from embracing Senate plan for Obamacare repeal and replacement

Tennessee U.S. Sens. Lamar Alexander and Bob Corker both stopped well short of embracing the Senate plan for repealing and replacing Obamacare – they label it a “discussion draft” – in official statements.

Alexander, who was involved early in drafting the plan, does list “benefits for Tennesseans” in the proposal, but says he’s going to continue reviewing the matter, see how cost estimates develop and watch for amendments. His statement is HERE.

Corker just says he will be reviewing the proposal, seeking input from a “wide range of stakeholders” and “make a final decision based on whether this legislation, on the whole, is better than what is in place today.” His statement is HERE.

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ABOUT THIS BLOG

Former Knoxville News Sentinel capitol bureau chief Tom Humphrey writes about Tennessee politics, government, and legislative news.

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