Rate Increase Mitigation Strategies
With several of the Affordable Care Act’s (ACA) major provisions going into effect in January 2014, including single risk pool rating, guaranteed issue, actuarial value metal tiers, and essential health benefits, there has been concern about the impact of these market reforms on health insurance rates and their distribution. To help state regulators tackle these issues, the National Association of Insurance Commissioners (NAIC) released this paper at its Spring 2013 National Meeting detailing the options that states have to help minimize rate increases.
