Christopher F. Koller
President of the
Milbank Memorial Fund
Prescription for a Healthy Insurance Market
What does it take to have stable, competitive health insurance markets? I was recently asked this question by the Senate Homeland Security and Governmental Affairs Committee for a hearing on state and federal insurance marketplaces, 2017 insurance premiums, and insurer competition. As the nation’s first health insurance commissioner, serving in Rhode Island for eight years during the implementation of the Affordable Care Act, and as head of a Medicaid health plan before that, I have a bit of experience with this issue.
With so much attention on health plan decisions to exit health insurance exchanges and concerns about premium increases, the topic is particularly timely. Here is a summary of the testimony I submitted to the Committee.