Insurers talk about Obamacare exemptions
Guam - Following last week's news from the Department of Health and Human Services over exemptions to the affordable care act for the territories including Guam, the island's health insurance providers met this week with insurance commissioner Art Ilagan. He says the meeting aimed to get a grip on how exactly this will impact the carriers but the customers as well.
He said, "If we don't have this meeting and we don't talk about what benefits should be given to the consumers and their just going to raise the rate because they want these insurance benefits covered, then the people who are healthy are going to be paying for the unhealthy, so we got to look at that issue and try to resolve the costs of insurance."
He adds because there is no final ruling from HHS, more analysis needs to be conducted. A meeting was also held today with Committee on Health chair Senator Dennis Rodriguez, Jr.