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John Barela Health Plan Advisory Committee Initial Meeting. Agenda. Welcome and Introductions Expectations and standard operating procedures Topic Timeline Administration of the APTC. Recognized Roles. Co-chairs Marc Reese Harriet Hall Staff Liason John Barela.
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John Barela Health Plan Advisory Committee Initial Meeting
Agenda • Welcome and Introductions • Expectations and standard operating procedures • Topic Timeline • Administration of the APTC
Recognized Roles • Co-chairs • Marc Reese • Harriet Hall • Staff Liason • John Barela
Expectations and Standard Operating Procedures • 90 minute meetings every two weeks • Tentative schedule first and third Tuesday of the month from 1:30 – 3:00 • Meeting summary created • Goal is for materials to be posted 48 hours before the meeting • Recommendations will follow the current COHBE staff template • COHBE staff are investigating Advisory Group collaboration tools
Tasks for Committee • Employer and Employee Choice Architecture • Certification of QHP and QHP Issuers • Supplemental Plans • Administering Premium Credits & Cost Sharing Assistance • Other Tasks Assigned by the Board
Employer and Employee Choice • What are the choices that an employer should have in choosing plans for employees? • Must allow for employers to choose any plan in tier • Current practice is for a single plan to be selected by employer • Current practice is for some carriers to allow plans of a certain size to choose multiple plans from the same carrier • Allow employers to choose a selection of plans from different carriers
Certification of QHPs and QHP Issuers • Overall approach is contractual • Responsibilities split between DOI and Exchange • High level guidelines for 2014
Supplemental Plans • Pricing of supplemental plans • Bundling of benefits • Supplemental plan requirements • Comparison of supplemental plans
Administration of Premium Credits and Cost Sharing Assistance • Plans sold off the exchange are not eligible for premium tax credits or cost sharing subsidies • Members qualify at enrollment • Exchange calculates potential tax credit • Can select what portion of the tax credit to take in advance • Need to file a tax return the year after the tax credit, e.g. need to file taxes in 2015 if receive 2014 tax credits • Some “claw back” provisions are in place
Exchange Carrier Premium Tax Credit Requirements • The Exchange is the system of record for premium tax credits • The Exchange and carriers must reconcile enrollment no less than monthly • The Exchange and carriers must coordinate to ensure the advance premium tax credits are in sync
Exchange Carrier Cost Sharing Subsidy • Carriers must provide additional plan design variations for each Silver plan for individuals meeting the eligibility criteria • Each carrier will receive a prepayment for the cost sharing reductions which is reconciled with the IRS at the end of the year • The Exchange/DOI must review the prepayments for reasonableness as well as ensure certain regulations are met