How insurance companies made billions off healthcare.com
By Nick MatsonESPN.com/AJG/Getty ImagesThe American Medical Association is not pleased with what it calls the “totally inadequate” state of health insurance coverage.
The group is urging the Department of Health and Human Services to review whether or not the current federal health insurance marketplace, known as HealthCare.gov, is providing enough health coverage.
It was not clear what would happen if HHS does not act.
HHS has not made any public comment about the group’s concerns.
But if it does, it could trigger an insurance industry lawsuit.
In recent months, the insurance and health industry have sued over how the Affordable Care Act is administered, particularly the way federal agencies and health insurers are required to cover people with pre-existing conditions.
In a statement on Thursday, the AMA said it had no objection to the federal government providing subsidies to low-income individuals and families.
It did, however, question how much money the federal program should provide.
“In addition, if the administration decides to allow insurers to continue to offer individual health insurance plans that include no federal funding and a premium tax credit that is less than the tax credit for a standard health plan, it will significantly undermine the individual mandate,” the AMA wrote.
“While individual insurance marketplaces are being created to provide consumers with choice, they will also significantly undermine efforts to make sure that everyone has access to affordable health insurance and access to quality, quality health care.”
Insurers have said they want to remain part of the health insurance market.
The ACA requires all Americans to have health insurance.
But the Affordable Health Care Act provides a subsidy to help low- and middle-income Americans buy insurance on state and federal marketplaces.