Reform Update: Exchange Insurance Credits

Obama Administration Allows Insurance Credits For People Unable To Enroll Through Flawed Exchanges.

The AP reported that the Obama Administration recently issued a health law fix designed to assist floundering state-run health insurance exchanges, including Oregon’s.

The US Department of Health and Human Services announced that state residents unable to sign up through their respective state exchanges will still be allowed to receive Federal tax credits even if they purchased their policies outside of an exchange. Funds are available retroactively.

 

In an article focuses on the state, the AP (2/28) reports that Oregon officials lauded the move. Oregon’s exchange has suffered from some of the most severe problems of any state exchange.

 

Sources:

Associated Press 

The Oregonian

Salem (OR) Statesman Journal

 

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Stacy Madden