Here’s what you should know:
1. The Congressional Budget Office released an analysis that ACA-related premiums would increase more than 20 percent if subsidies ended in 2018.
2. President Donald Trump threatened multiple times to eliminate payer subsidies in 2018. However, Sen. Lamar Alexander, R-Tenn., said Congress was working to guarantee the subsidies through 2018.
3. The federal government pays $7 billion in cost-sharing subsidies. It helps payers offset potential losses from offering plans to low-and moderate-income beneficiaries.
4. Despite threatening to discontinue the subsidies, President Trump has approved them to continue every month since taking office.
More articles on coding, billing and collections:
CBO: Eliminating cost-sharing reductions would increase federal deficit by $194B over 9 years: 6 findings
Looking to the future in a saturated market, what’s next for ASCs?
Increased merger and acquisition activity in the ambulatory surgery center market … What does it all mean?
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.