Filed Under:Health Insurance, Individual Health

HHS completes PPACA rate, market regs

(AP photo/PGR-HO)
(AP photo/PGR-HO)

The U.S. Department of Health and Human Services (HHS) is adding "administrative costs," including distribution costs, to the list of factors a health insurer can consider when setting individual and small group rates under the new rules that are set to take effect Jan. 1, 2014.

HHS also is:

If the law takes effect on schedule and works as drafters expect, it will create a new system of exchanges, or health insurance supermarkets, starting Oct. 1.

PPACA will require all carriers selling non-grandfathered coverage inside or outside the exchanges after Jan. 1, 2014, to sell the coverage on a mostly guaranteed-issue basis, without considering personal health information.

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Nichole Morford

Nichole Morford
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