discuss the challenges CMS faces in managing the health insurance marketplace
discuss the challenges CMS faces in managing the health insurance marketplace
Homework Answers
CMS found premium and health plans affordability were the greatest challenge for the individual market.As the premium increased, individual who didn't receive any sort of advance premium tax credit decided against enrolling in a health plan.
Ensuring accurate eligibility determinations, processing of enrollments, re-enrollment and qualifying life change events and communicating timely and accurate information to health insurance issuers are biggest challenge CMS faces in the marketplace .
Lack of cost sharing reduction payment created more expensive premium.
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discuss the challenges CMS faces in managing the health insurance marketplace
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