On February 15, 2017 the Centers for Medicare & Medicaid Services (CMS) released a proposed rule entitled, “Patient Protection and Affordable Care Act; Market Stabilization.”
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In general, the proposed rule is designed to bring stability to the Exchange marketplace in light of issuer exits and increases in rates in many areas of the country, while Congress works on drafting potential Affordable Care Act (ACA) replacement package(s). While a legislative package could potentially come together as early as mid-March, this expedited timeframe is subject to a great deal of uncertainty.
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