Ministry, Association, and Short-Term Health Insurance Plans – What’s a State to Do?
Will premiums in the individual market skyrocket next year? What effect will alternative forms of coverage, including expansion of association, ministry and short-term insurance health plans under the Administration’s proposals, as well as health ministry plans have on insurance markets, including price to consumers and breadth of coverage? Will people shift to coverage options with fewer protections, leaving them at financial risk?
While alternative coverage may offer consumers a lower-premium product, they are exempt from meeting many federal and state requirements for health insurance, including popular consumer protections such as coverage for pre-existing conditions and the prohibition on annual or lifetime limits. Increased availability of these alternatives will also cause splintering of health care markets, destabilizing the individual market and increasing costs. But states have options to regulate these products and protect consumers.
During this webinar, experts will review major trends expected for insurance markets, and state actions and tools to encourage stability and consumer protections in the midst of these changes.
- Trish Riley, Moderator, Executive Director, NASHP
- Kevin Lucia, Research Professor, Georgetown University Center on Health Insurance Reforms
- JoAnn Volk, Research Professor, Georgetown University Center on Health Insurance Reforms
- Dania Palanker, Assistant Research Professor, Georgetown University Center on Health Insurance Reforms