Insurance Market Reforms
Goal:
- Reduce premiums to individuals and small employers
Examples:
Rate bands and community rating (New Jersey, New York)
Tax credits (Montana)
Defined contribution plans (Florida, South Carolina)
Premium and expenditures caps/targets (Maine)
Reduced benefit products (Montana, New Jersey, North Dakota, Utah)
Young-adult initiatives to remain on parents plan (Colorado, Delaware, Idaho, Illinois, Indiana, Maryland, Michigan, Minnesota, New Hampshire, New Jersey, New Mexico, Rhode Island, South Dakota, Texas, Utah, Washington)
Subsidizing premiums in high risk pool (Colorado, Connecticut, Maryland, Montana, New Mexico, Tennessee, Wisconsin)
Individual mandate (Massachusetts)
Pooling individual and small group markets (Massachusetts)
Connectors/exchange (Connecticut, Massachusetts)
Framework of Reform Reform Process Public Sector Reforms
Employer-Based Reforms State Information Financing Strategies
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