Legislatures look to reinsurance programs, other measures to try to bring down prices

“Larry Hogan said when he signed into law a one-year reinsurance program last week” reports A handful of states are considering legislation to approve their own version of the individual mandate, Tolbert said.Congress tried in March to pass legislation that created a $30 billion reinsurance program.Obamacare’s individual mandate, which requires people to buy health insurance, was repealed in the Republican tax legislation starting in 2019.Thirteen states have considered legislation this year to stabilize the exchanges, most of them seeking to create a reinsurance program and seek a necessary waiver from the Trump administration.

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