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PA Bulletin, Doc. No. 23-832

NOTICES

INSURANCE DEPARTMENT

Section 1332 Waiver—Reinsurance Program Continues; Notice 2023-07

[53 Pa.B. 3387]
[Saturday, June 24, 2023]

 In April, the Insurance Department (Department) published Notice 2023-05 at 53 Pa.B. 2273 (April 22, 2023), proposing to submit a request to suspend the Section 1332 Innovation Waiver (2020 Waiver). The 2020 Waiver authorized the Department to create and implement a reinsurance program for the individual health insurance market's Qualified Health Plans. Notice 2023-05 sought public comment on the proposed plan of suspension.

 The Department is grateful for the comments received on the possible suspension of the 2020 Waiver. At this time, the Department is not pursuing its proposal and instead will maintain the reinsurance program for Plan Year 2024.

MICHAEL HUMPHREYS, 
Acting Insurance Commissioner

[Pa.B. Doc. No. 23-832. Filed for public inspection June 23, 2023, 9:00 a.m.]


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