Here’s what you should know:
1. Mr. Trump said multiple times interstate insurance policies would trigger competition, lowering premiums.
2. Experts refute his claims because health insurance reflects local medical costs, which vary.
3. Mr. Trump is expected to sign the order sometime this week.
4. Interstate plans won’t have to meet all the requirements of the ACA and could therefore offer reduced rates. State insurance regulators see the order as “an end-run to avoid standards.”
More articles on coding, billing and collections:
Sanders critical of proposed Medicare cuts — 5 insights
Creating a competitive edge at your facility: The patient experience
Is your ASC ready for bundled payments?
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.