March 22, 2018
By: Paige Minemyer
Source: FierceHealthcare
FierceHealthcare: Sen. Elizabeth Warren introduces bill to make ACA plans more affordable, tighten controls on private payers
In addition to increasing subsidies for coverage, Warren's plan would make those funds easier for people to obtain.
Warren's bill also seeks to exercise greater control over private payers. It would set profit limits for private insurers to match what they can earn from Medicare and Medicaid plans and suggests an ombudsman program to monitor consumer complaints.
The bill would also require payers who profit off of Medicare or Medicaid plans also offer health plans on the ACA exchanges that have limited competition.
By: Paige Minemyer
Source: FierceHealthcare
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