Am pleased to offer unlimited 233 i have been asked to make it clear right from the nature of this amendment, it is to try and follow the advice of about every witness that testified in this room about how to stabilize the change. The three things we should do is make clear that these costsharing reductions would offset copays and deductibles. That was one thing. Number two they said to put in place a Reinsurance Program. A look at patient care. Number three they said we should retain the individual mandate, if we decide not to have something that is just as effective in getting young and Healthy People part of the insurance pool across the country. The legislation before this repeals or proposes to reveal the individual mandate. If that actually happens we will have a costsharing reduction. With having a tree like a stool, that is what it has been called by Health Insurance folks and providers. They all called for that three stool approach to reduce the cost of the exchange. Chairman,
Bargaining rights, retire savings programs, and Employer Health insurance coverage, Family Planning services and contraception. A a quorum quorum is present. The committee is order to welcome our distinguished guest, secretary alexander acosta. Secretary acosta has been at the helm of the department of labor since april and were grateful he could join us to testify for the First Time Since his confirmation. Mr. Secretary, welcome to the committee. We look forward to your testimony, which we are sorry did not arrive earlier, and discussing the department of labors policies and priorities under the new administration. The department of labor is on the front line of the issues facing workers and job creators and it sets policies that have a widespread impact on the nations economy, employment growth, Retirement Security and more. Whether they relate to healthcare, Worker Protections reeker timer planning, Work Force Development or employee wages and benefits, its the responsibility of thi
33, corporate amendment 17. I will make a clear from the start nature of this amendment is to try to follow the advice about every witness who testified in this room back in september about how to stabilize that exchanges. Everyones said we should make clear that the cost sharing reduction which would set the cost of copays and adaptable, make it clear they are going away for at least two years. Number two they said put in place a Reinsurance Program for highly expensive patient care particular patients. Number three, they said we should retain in the individual mandate if we decide not to replace it with something thats as effective in getting a good mix of young and Healthy People to be part of the insurance pool within the exchanges. The legislation before as a purely repeals or proposes to repeal the individual mandate. That would leave us with costsharing reduction and no reinsurance. Instead of a three legged stool which is what was called for by governors, insurance commissioner
Payment model. And transitioning from a fee for service to a value based reimbursement system. This event was hosted by the National Institute for Healthcare Management foundation. Its about two hours. Good afternoon. So wed like to go ahead and get started. Im nancy chockley. President and ceo of foundation and im just dlieded to welcome you all here today. We have an incredible panel of business and policy leaders. They come at the problems from different perspective. But one unifying theme between all of them is their concern for what rising healthcare costs do to americans. And the need to increase value in our Healthcare System. So each of them will present their own ideas of how to increase value or how they are increasing value in the Healthcare System. A nonprofit nonpartisan organization. And we believe by bringing people together with different perspectives, we can improve healthcare through evidence and collaboration. We have a wonderful audience today. I recognize some of y
Through and change the dates to make sure all the dates are consistent with a plan year we are discussing. But, the court changes are listed here in a summary. So, in section b pages 911, we are updating the rule on the dependent certification criteria. So, its quite a messy change if you look at the member rules. I summarized it on the next page for you. We extracted the actual rule and put the number of revise on the last on the original on the right. Overall, this change is specifically addressing the fact that in the original version, we required dependents to be enrolled on hss plan one year before they turned age 19, and to be enrolled the entire time between ages 19 and 26 in a age out, as a dependent would. So, over the years we received complaints about that that that was extremely conjured an compared to other plans. And municipalities and counties run the area and no one has that rule. Based on the research that we did back years ago when dependents were covered up to the ag