The healthcare industry is chomping at the bit to find out how the Supreme Court will rule on the healthcare reform law's individual mandate, but Cigna CEO David Cordani does not believe the mandate is the cornerstone of the healthcare debate, according to a Kaiser Health News report.
Mr. Cordani said while the Patient Protection and Affordable Care Act expands access to care, there is uncertainty about how it will improve quality or decrease costs. Instead, health insurers are focusing on how to change the role of health insurance and to keep people healthier from the beginning. "What we've been doing is innovating programs around that, with or without the Affordable Care Act," Cordani said in the report.
Mila Kofman, JD, research professor at Georgetown University Health Policy Institute in Washington, D.C., said health insurers could be fine regardless of how the Supreme Court rules on the law, but if the insurance mandate stands, it will essentially begin the subsidization of the health insurance industry.
"We're looking at billions of dollars into the pockets of the health insurance industry," Ms. Kofman said in the report. "So I'm not worried about the health insurance industry and their financial health at all."
Mr. Cordani said while the Patient Protection and Affordable Care Act expands access to care, there is uncertainty about how it will improve quality or decrease costs. Instead, health insurers are focusing on how to change the role of health insurance and to keep people healthier from the beginning. "What we've been doing is innovating programs around that, with or without the Affordable Care Act," Cordani said in the report.
Mila Kofman, JD, research professor at Georgetown University Health Policy Institute in Washington, D.C., said health insurers could be fine regardless of how the Supreme Court rules on the law, but if the insurance mandate stands, it will essentially begin the subsidization of the health insurance industry.
"We're looking at billions of dollars into the pockets of the health insurance industry," Ms. Kofman said in the report. "So I'm not worried about the health insurance industry and their financial health at all."
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