Coverage must be as robust as ACA marketplace plans.
States utilize 1332 waivers to address specific local market challenges: Coverage must be as robust as ACA marketplace plans
Many states (e.g., Alaska, Minnesota, Oregon ) use waivers to fund reinsurance, which compensates insurers for high-cost enrollees, successfully lowering premiums in the individual market. Key Strategic Uses & Examples For a 1332
The proposal cannot increase the federal deficit. Key Strategic Uses & Examples which compensates insurers for high-cost enrollees
For a 1332 waiver to be approved by the Department of Health and Human Services (HHS) and the Department of the Treasury, the state’s proposal must meet four "guardrails":
Colorado implemented a "Colorado Option" designed to improve coverage availability. Implementation Process
This report focuses on the program, a critical component of the Patient Protection and Affordable Care Act (ACA) that enables states to customize their health insurance markets. Executive Summary: Section 1332 Waivers