HEALTHSOURCE RI is applying for two 1332 waivers through the CMS that will use reinsurance to lower rates and also allow sole proprietors access to state exchange employer plans.
PROVIDENCE — HealthSource RI is beginning work to apply for two 1332 waivers through the Centers for Medicaid and Medicare Services for a reinsurance program to reduce Affordable Care Act individual market premiums and to allow sole proprietors to purchase health insurance from the employer exchange. The Rhode Island Market Stability and Reinsurance Act, sponsored…