Indiana State Flexibility to Stabilize the Market Grant Award

Grant Application Summary

Indiana Grantee: Indiana Department of Insurance

Award Date: August 20, 2018

Total Award: $283,954.52

Baseline Award: $274,344.83

Workload Award: $9,609.69

Sections 2702 and 2703 - In addition to ensuring health insurance issuers are offering approved products for purchase and continue to offer coverage at the option of an individual or plan sponsor (unless an exception applies), the Indiana Department of Insurance will perform a market scan of the individual, small, and large group health insurance markets to ensure all consumers, with an emphasis on rural areas, have access to quality affordable healthcare. Indiana will also hire a consultant to assist with the data analysis and provide policy adjustments to improve market conditions.

Section 2707 - The Indiana Department of Insurance will perform a market scan of the individual, small, and large group health insurance markets to ensure all consumers, with an emphasis on rural areas, have access to quality affordable healthcare. Indiana will focus consumer outreach efforts based on market scan results, with an emphasis on rural areas. Indiana will also hire a consultant to analyze the market scan results to identify necessary changes to the essential health benefit (EHB) benchmark plan.