Aug 20, 2018
CMS has awarded $8.6 million in remaining Affordable Care Act (ACA) grants to 30 states and the District of Columbia to bolster their insurance markets.
According to CMS, the funding can be used to analyze a state's insurance marketplace with the goal of boosting competition, or improving access to mental health and addiction treatment services.
Every state that applied received funding, with grants ranging from $225,000 in Iowa to $285,000 in Virginia. The funding lasts for two years.
"These grants build on CMS's ongoing efforts to give states the tools and flexibility they need to help people struggling to afford the year over year premium increases caused by Obamacare regulations," CMS Administrator Seema Verma said in a statement.
The grant funding is leftover from $250 million allocated under the Affordable Care Act for improving state review of insurance rate filings.
Mark Dunn
NAATP Director of Public Policy
Washington, DC
