Without Benefit Requirements, Insurance Loses Value

Bloomberg interviewed Manatt’s Joel Ario, a managing director with Manatt Heath, for an article about the GOP’s plan for health benefits, including a plan to let states circumvent the Essential Health Benefits written into the Affordable Care Act.

Without the benefit requirements, “what you end up with is mostly minimal-value insurance,” Ario said. “People needing service above that would be paying close to the full cost.”