MTPR

Affordable Care Act

Former Montana Senator Max Baucus' job as U.S. ambassador to China ended in January. He now divides his time between Missoula, Bozeman, and global public speaking engagements.

Baucus this week stopped by Montana Public Radio Studios to talk about China, The Affordable Care Act, and tax reform.

Health insurance companies in Montana will be allowed to adjust their prices to account for President Trump’s executive order that stops some federal payments to insurers.

That news came Monday, after one company said last week that if they couldn’t change their prices, they’d have to leave the Montana market due to the President eliminating Cost Sharing Reduction, or CSR payments.

Matthew Rosendale, Montana's Commissioner of Securities and Insurance
Eric Whitney

Montana's insurance commissioner says two of the three companies offering health insurance through the individual market in the state cannot adjust their rates following President Donald Trump's decision to end federal subsidies for low-to-middle-income people.

Insurance Commissioner Matt Rosendale says he'll hold the Montana Health Co-op and PacificSource Health Plans to the rate increases they proposed, which average four percent for the co-op and 7.4 percent for PacificSource.

Trump Administration To End Obamacare Subsidies For The Poor

Oct 12, 2017

Updated at 11:40 p.m. ET

The Trump administration said Thursday that it would end the Affordable Care Act's cost-sharing reduction payments designed to help low-income Americans get health care. Not paying the subsidies, health care experts have warned, could send the health insurance exchanges into turmoil.

It's about one month until open enrollment starts for health insurance plans sold on Healthcare.gov. Yesterday Montana's biggest health insurance company said it won't attempt to adjust its premiums downward for next year.

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