Anthem supports parts of GOP healthcare bill

Health insurer Anthem, part of the Blue Cross Blue Shield brand, has come out in support of provisions of the Senate healthcare bill Republicans intend to advance to repeal and replace portions of Obamacare.

The support is based on the bill providing an initial stability fund for insurers that sell plans on the Obamacare exchanges as well its repeal of the health insurance tax.

“Based on our review, we believe the Senate discussion draft will markedly improve the stability of the individual market and moderate premium increases through substantial stability funding, appropriating cost-sharing reduction funds, aligning premium subsidies with premium costs, and eliminating the health insurance tax which alone would result in a 3 to 5 percent premium decrease for our fully insured members,” the company said.

The statement did not include comments on the newest provision of the bill, which would add a six-month wait period for coverage if people let their insurance lapse.

Blue Cross Blue Shield Association, however, said the bill contained “strong incentives for people to stay covered continuously.” The association supported the stabilization measures as well.

Anthem did not offer full support of all the bill’s provisions, saying it wanted to explore changes to the Medicaid program that are outlined in the draft bill, which would fix Medicaid spending in the long term and limit its growth rate. Health insurance companies have been involved in Medicaid plans through Medicaid managed care, part of a lucrative business.

“We are committed to working with our government partners now and into the future to navigate the challenges the current bill proposes to the Medicaid program knowing how important it is to achieve the necessary funding and access to healthcare services and supports are for the individuals and families who rely on them to live healthy meaningful lives in their communities,” Anthem said.

A score of the draft bill is expected from the Congressional Budget Office Monday afternoon, and Senate GOP leaders hope to put it up for a vote Thursday.

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