Expansion of short-term plans has worked better than predicted: Study
According to the findings, premiums in the individual market dropped more in states that fully expanded short-term insurance than those that did not.
A new study from the Galen Institute finds evidence that allowing Americans to enroll in short-term health insurance plans has not had the negative outcomes that some health industry insiders predicted. The new report, “Individual Health Insurance Markets Improving in States that Fully Permit Short-Term Plans,” provides data to support that claim. The report comes at a time when the Biden administration has been reversing many regulatory changes put in place during President Trump’s years in office.
Related: Short-term health plans had a great year in 2019 The report was authored by Brian Blase, Ph.D., who was a top health policy advisor to President Trump from 2017 to 2019.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In Now
Aflac found that people who had tested positive for COVID-19 were more likely than others to purchase at least one new health benefit.
In a recent survey, just 1% of large employers said they would decrease the number of health center locations as a result of the pandemic.
Removing boundaries among health insurance segments could enhance consumer options, according to a recent Commonwealth Fund study.
Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.