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CMS Revises Rate Finalizing Deadline For Single Risk Pool Filings; Will Change Risk Adjustment To Account For ‘Silver Loading’

August 11, 2017
CMS is proposing to update its risk adjustment methodology and extending the Aug. 16 deadline for single pool rate filings until Sept. 5 to account for states regulators' request that carriers load price increases onto silver-level products, the agency announced in guidance out Thursday (Aug. 10). The guidance also states that there have been “no changes regarding HHS’ ability to make cost-sharing reduction payments to issuers.” However, the guidance also notes that because many state insurance commissioners are encouraging “silver-loading”...

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