BCBSA, AHIP Warn Cruz Amendment 'Unworkable,' Would Raise Premiums

The insurance industry has generally pushed for the opportunity to offer more varied products under Obamacare, but two key insurance lobby groups argue that Sen. Ted Cruz's proposal to split the market by allowing issuers to offer non-ACA compliant plans as long as they provide a comprehensive plan is not the right strategy. In a July 11 letter, Blue Cross Blue Shield Association President Scott Serota told Sens. Cruz (R-TX) and Mike Lee (R-UT) that their idea would create an...