HHS-Reduced Premiums for PCIP

On May 31, 2011 the U.S. Department of Health and Human Services (HHS) announced new steps to reduce premiums and make enrollment easier for individuals in the Pre-Existing Conditions Insurance Plan (PCIP) created under the ACA. In 23 states and the District of Columbia, the PCIP program is federally-administered. The remaining states operate their own PCIP programs using federal funds provided by the Affordable Care Act. According to HHS, PCIP premiums will drop as much as 40 percent in 18 states where the federally administered PCIP operates. These premium decreases help bring PCIP premiums closer to the rates in each state’s individual insurance market; in the six states where PCIP premiums were already well-aligned with state premiums, premiums will remain the same.

To find a chart showing changes to PCIP premiums in the States with Federally-administered PCIP programs, click here.