How much will health insurance cost you next year? Well, you’ll find out soon. Health insurers have submitted their plans for next year, including how much they want to charge customers and what benefits those plans will include.
In Rhode Island, it’s the office of the health insurance commissioner that reviews those plans and decides whether to approve or reject them, or ask for some changes.
State lawmakers have plenty of competing priorities to consider as they wrap up the legislative session. One of those is what to do with the state’s health insurance exchange, HealthSource RI. Health care reporter Kristin Gourlay joins host Dave Fallon to talk about the lively debate that's developed around this question of whether to keep HealthSource going or scrap it and default to the federal health insurance exchange, healthcare.gov.
Lawmakers are being asked to decide the fate of HealthSource RI, the state’s online health insurance exchange. At issue is how to pay for it, or whether to scrap it. And plenty of voices are weighing in on the conversation. The latest claims state officials were told years ago that building an exchange wasn’t viable but did it anyway.
As you may know, there's a debate in the Rhode Island Statehouse over how to fund the state's online health insurance marketplace, HealthSource RI, after the Obamacare money runs out. Some say the $17 - $23 million dollar price tag to fund the site, customer service reps and centers, and infrastructure needed to negotiate for health insurance plans for sale on the site is just too much for a state with anemic coffers.
Rhode Island's health insurance exchange HealthSource RI says it needs $4.6 million dollars to keep running through fiscal year 2015.
The money would need to come from the state. HealthSource RI director Christine Ferguson says the money would cover the program's operating costs, and will allow federal funding to cover program development.