Manatt’s Joel Ario, a managing director with Manatt Health, was quoted by CBS News on state stability funds as a way to stabilize the insurance marketplace.
According to the publication, lawmakers on both sides of the aisle are turning their attention to stabilizing the insurance marketplace and improving healthcare for everyone. One way they may do that is through a state stability fund, which would serve as a version of the risk pools that existed before the Affordable Care Act.
“We now understand that a relatively small percentage of patients drive the overall cost of the markets,” explained Ario. “To have all of those costs spread against the 5 percent or 6 percent of the population that buys in the independent market doesn't work.”
Read the article here.