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Health insurance actuaries want leeway to change rates if Supreme Court kills subsidies
Modern Healthcare

Health insurance actuaries are pushing HHS to allow plans to revise their rates for 2016 coverage if the U.S. Supreme Court invalidates the Affordable Care Act’s premium subsidies in federally run exchanges.

They warn that without leeway to adjust premiums in health plans sold in those marketplaces, the solvency of some insurers “could be threatened.”

Rate filings for 2016 federal exchange plans are due May 15. But the King v. Burwell case, which is being argued next week, likely won’t be decided until June. That means insurers will be submitting final 2016 premiums as if the subsidies still exist even though those subsidies could vanish after the fact.