CareFirst BCBS CEO: Individual Mandate Repeal, Short-Term Plans Take Health Care Back To Pre-ACA Days

CareFirst BlueCross BlueShield CEO Chet Burrell said the Trump administration’s changes to Affordable Care Act policies will completely undermine the individual market unless the midterm elections usher in changes to shore up the marketplaces, such as by instituting a reinsurance program or funding cost-sharing reduction payments to insurers. The health insurance CEO was largely complimentary of the ACA, but said the law had two fatal design flaws--it did not include a permanent reinsurance program and it did not mandate enough...