ESTABLISHING CALIFORNIA’S HEALTH INSURANCE EXCHANGE UNDER THE AFFORDABLE CARE ACT: GOVERNANCE AND OPERATING MODEL Charlaine Myshelle Hamilton B.A., California State University, Sacramento, 2004 THESIS Submitted in partial satisfaction of the requirements for the degree of MASTER OF PUBLIC POLICY AND ADMINISTRATION at CALIFORNIA STATE UNIVERSITY, SACRAMENTO SUMMER 2011 © 2011 Charlaine Myshelle Hamilton ALL RIGHTS RESERVED ii ESTABLISHING CALIFORNIA’S HEALTH INSURANCE EXCHANGE UNDER THE AFFORDABLE CARE ACT: GOVERNANCE AND OPERATING MODEL A Thesis by Charlaine Myshelle Hamilton Approved by: , Committee Chair Mary K. Kirlin, D.P.A. , Second Reader Robert Wassmer, Ph.D. Date iii Student: Charlaine Myshelle Hamilton I certify that this student has met the requirements for format contained in the University format manual, and that this thesis is suitable for shelving in the Library and credit is to be awarded for the thesis. , Department Chair Robert Wassmer, Ph.D. Date Department of Public Policy and Administration iv Abstract of ESTABLISHING CALIFORNIA’S HEALTH INSURANCE EXCHANGE UNDER THE AFFORDABLE CARE ACT: GOVERNANCE AND OPERATING MODEL by Charlaine Myshelle Hamilton The Patient Protection and Affordable Care Act (ACA) requires states to establish health insurance exchanges to facilitate the purchase of qualified health care coverage. The ACA affords states flexibility in designing these exchanges. This thesis is an analysis of the alternatives for the governance and operating model of an exchange in California. Within the parameters of the ACA, I present four alternatives for the exchange governance and three alternatives for its operating model. I then compare the alternatives based on how well they avoid adverse selection, facilitate competition, and provide an enhanced consumer experience. The results showed that establishing an independent government agency that selectively contracts with participating health insurers is the optimal choice for California. , Committee Chair Mary K. Kirlin, D.P.A. Date v ACKNOWLEDGMENTS Thank you to Professor Mary Kirlin and Professor Robert Wassmer for their time and patience. I’d also like to thank my friends and family for their support and keeping me grounded. I think we can all agree: FINALLY! vi TABLE OF CONTENTS Page Acknowledgements ............................................................................................................ vi List of Tables ..................................................................................................................... ix Chapter 1. INTRODUCTION ...........................................................................................................1 2. HEALTH CARE REFORM IN THE U.S. ......................................................................4 U.S. Health Care Spending and the Uninsured ........................................................4 Health Care Spending and the Uninsured in California...........................................6 Moving Toward Federal Health Care Reform .........................................................7 3. WHAT IS A HEALTH INSURANCE EXCHANGE? .................................................10 Characteristics of Managed Competition...............................................................10 Managed Competition and Exchanges...................................................................12 Core Functions of Exchanges Created by the ACA...............................................14 4. STATE FLEXIBILITY IN DESIGING EXCHANGES ...............................................20 Methodology ..........................................................................................................21 Exchange Governance ...........................................................................................22 Governance Criterion 1: Public Accountability and Transparency .......................23 Governance Criterion 2: Flexibility .......................................................................24 Governance Criterion 3: Interagency Collaboration ..............................................24 Evaluating the Exchange Governance Alternatives ...............................................25 vii Findings..................................................................................................................31 Exchange Operating Model ...................................................................................32 Operating Model Criterion 1: Avoids Adverse Selection ......................................35 Operating Model Criterion 2: Facilitates Competition among Health Insurers ...................................................................................................................38 Operating Model Criterion 3: Enhanced Consumer Experience ..........................39 Ranking System .....................................................................................................40 Evaluation of Operating Model Alternatives .........................................................41 Findings..................................................................................................................50 5. THE CALIFORNIA HEALTH BENEFIT EXCHANGE .............................................53 CHBE Governance.................................................................................................53 CHBE Operating Model ........................................................................................55 Conclusion .............................................................................................................57 References ..........................................................................................................................59 viii LIST OF TABLES Page 1. Table 1 U.S. Health Care Expenditures and Per-Capita Spending, 2000-2009 ...........5 2. Table 2 Qualified Health Plans ..................................................................................15 3. Table 3 Minimum Requirements of State Exchanges Established Pursuant to the ACA..................................................................................................................17 4. Table 4 State Choices in Establishing Exchanges ......................................................20 5. Table 5 Criteria for Evaluating Governance Alternatives ..........................................25 6. Table 6 Exchange as a Non-Profit ..............................................................................27 7. Table 7 Exchange within an Existing Agency ...........................................................28 8. Table 8 Exchange as a New Government Agency .....................................................30 9. Table 9 Exchange as a Multi-State or Geographic Subsidiary Exchange ..................31 10. Table 10 Evaluating Governance and Structure .........................................................32 11. Table 11 Criteria for Evaluating Operating Model Alternatives ................................40 12. Table 12 Open Marketplace Model ............................................................................43 13. Table 13 Standardized Marketplace Model ...............................................................46 14. Table 14 Selective Contractor Model .........................................................................49 15. Table 15 Operating Model Alternatives .....................................................................50 ix 1 Chapter 1 INTRODUCTION In 2010, after literally decades of debate, President Obama signed a controversial federal law making sweeping changes to the existing health care system. The Patient Protection and Affordable Care Act (ACA) makes significant health insurance market reforms to make better health care coverage available to more people at a lower cost. Much of the burden of implementing these changes will fall to the states, and California is no exception. In this thesis, I explore the choices provided to states under the new law and analyze the options available for implementing the ACA. Specifically, I discuss the establishment of an exchange in California under the ACA and the flexibility afforded states in designing its governance and operating model. Exchanges are a key component of the ACA to make health care coverage available to individuals and small employers. To facilitate the purchase of health care coverage, the ACA requires states to establish state-operated health insurance marketplaces called American Health Benefit Exchanges (exchanges) by January 1, 2014 to bring together sellers and buyers of health insurance so consumers can shop, compare, and purchase health care coverage that meets the new regulatory standards of the ACA. If, by January 1, 2013, a state does not have certification from the U.S. Department of Health and Human Services (DHHS) that it is on track to opening an exchange in 2014, the federal government will step in to operate the exchange on behalf of the state. 2 States have discretion in determining how the exchanges will operate to effectively meet consumer needs. The long-term success of a state’s exchange is largely dependent on how this discretion is used, as well as how the exchange works with the private insurance market to make health care coverage accessible to consumers. Given this flexibility, California must establish an exchange that is able to carry out the core functions required under the ACA to facilitate the purchase of qualified health care coverage by individuals and small employers. In this thesis, I examine key policy choices California has in designing an exchange and the implications of those choices. Though legislation has already been passed to create an exchange in California – the California Health Benefit Exchange or CHBE – open issues and challenges must still be addressed as planning and implementation efforts continue. The remainder of this thesis is laid out as follows. To provide some context around the passing of this federal legislation, Chapter 2 includes a brief history of the health care debate and a discussion of current health care coverage rates and spending in the U.S. and California. I also include a discussion of the major provisions of the ACA. Chapter 3 is a general discussion of what a health insurance exchange is and the intended role of such an entity in federal health care reform. I discuss the core functions of exchanges under the ACA. In Chapter 4, I discuss the options and flexibility afforded states in designing an exchange’s governance and its operating model, criteria for evaluating policy alternatives, and the implications of these choices. The alternatives are evaluated and displayed in a criteria-alternative matrix (CAM). I use the CAM to discuss 3 the optimal choices for California in designing an exchange. Chapter 5 includes a discussion of the decisions that have already been made in California and the legislation establishing an exchange, as well as the challenges that remain as decision makers progress toward a fully operational exchange. The outcome of the ACA and exchanges is unknown. However, this thesis can provide decision makers with the necessary background to design and operate an exchange in California. 4 Chapter 2 HEALTH CARE REFORM IN THE U.S. The health care debate in the U.S. has been a point of controversy since the early 20th century as advances in medical technology coincided with rising costs of health care. As early as 1932, the Committee on the Costs of Medical Care, commissioned to study the U.S. health care system, found that health care providers, reform advocates, and other groups generally believed that some level of affordable health care should be made available, but there was little consensus about how to deliver it and who should pay for it (Smith, 1933). This debate continues today. U.S. Health Care Spending and the Uninsured In the past 20 years, voters in presidential and congressional elections have named health care as a key campaign issue and identified rising health care costs as a contributing factor to their personal economic concerns (Kaiser Family Foundation, 2008b). President Clinton tried and failed to pass comprehensive reform in the 1990s while states have implemented regulatory policies and strategies with varied results, including state-administered high-risk pools, purchasing cooperatives, and strict regulation of the health insurance market. Even with these attempts to reform the U.S. health care system, the U.S. still spent $2.5 trillion on health care in 2009 (Centers for Medicare & Medicaid Services, 2010). Table 1 displays U.S. health care spending each year from 2000 to 2009. These figures are from the National Health Expenditure Data from the Centers of Medicare & Medicaid Services. 5 Table 1 U.S. Health Care Expenditures and Per-Capita Spending, 2000-2009 Year Total U.S. Health Per Capita Spending Percent of Gross Expenditures (In Billions) (In Dollars) Domestic Product 2000 $1,378.0 $4,878 13.8 % 2001 $1,495.3 $5,240 14.5 % 2002 $1,637.0 $5,682 15.4 % 2003 $1,772.2 $6,098 15.9 % 2004 $1,894.7 $6,458 16.0 % 2005 $2,021.0 $6,827 16.0 % 2006 $2,152.1 $7,198 16.1 % 2007 $2,283.5 $7,561 16.2 % 2008 $2,391.4 $7,845 16.6 % 2009 $2,486.3 $8,086 17.6 % *Source: Centers for Medicare & Medicaid Services, 2011. As health care costs continued to increase, 19% of Americans under age 65 (50 million) were uninsured, and another 20% received health care coverage through Medicaid or some other government funded program (Kaiser Family Foundation, 2010). Fifty-seven percent of the population under age 65 has employer-sponsored coverage (Kaiser Family Foundation, 2010). However, from 2000 to 2010, the annual premium for a family with coverage provided by a small employer increased by 103% and by 120% for families with coverage provided by large employers (The Kaiser Family Foundation and Health Research & Educational Trust, 2010). 6 Despite government efforts to make health care coverage more accessible, the underinsured and uninsured population has continued to grow, and health care costs have continued to rise. As the cost of health care coverage rises, it becomes more difficult for individuals to maintain coverage and for businesses to provide coverage to their employees. Individuals may forgo coverage, particularly health individuals who do not see an immediate need to pay for expensive comprehensive health care coverage. To provide some level of coverage, businesses increasingly provide high-deductible health insurance or other similar products that require the employee to cover more of the costs, sometimes for fewer benefits (Schoen, Doty, Collins, & Holmgren, 2005). Individuals, especially those who have low-cost health care needs, may also purchase high-deductible coverage. This leads to people being underinsured and still unable to afford or access health care. Schoen, Collins, Kriss, and Doty (2008) classify an individual as “underinsured” if out-of-pocket medical costs exceed 10% of income (or 5% of income for low-income individuals), or deductibles were greater than 5% of income. This group increased 60% in the U.S. from 2003 to 2007 (Schoen et al., 2008). Health Care Spending and the Uninsured in California In 2004, personal health care spending was 11% of gross domestic product on health care, compared to 13.3% for the U.S. as a whole (California HealthCare Foundation, 2010). Compared to the rest of the nation, California has lower rates of employer-sponsored coverage and higher rates of uninsured (California HealthCare Foundation, 2010). Approximately 25% of the California population is uninsured. 7 Employer-sponsored coverage has declined as enrollment in publicly funded programs like Medi-Cal and Healthy Families has increased. Moving Toward Federal Health Care Reform The 2008 Presidential Election pushed health care to the national forefront again as key campaign issue. The candidates’ proposals varied from providing federal subsidies and expanding public programs, like the Children’s Health Insurance Program (CHIP) and Medicaid, to using free market strategies to reduce costs and improve quality (Kaiser Family Foundation, 2008a). On March 23, 2010, after months of heated debate across the country, President Obama signed the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, collectively referred to by the federal government as the Affordable Care Act or ACA. This comprehensive health care reform legislation is intended to increase access to affordable comprehensive coverage and to stem the tide of rising health care costs (U.S. Department of Health and Human Services, n.d.). As a result of the new federal law, there will be significant changes to the U.S. health care system as the nation moves toward full implementation in 2014. California’s public agencies responsible for administering public health care programs and regulating health insurance will be tasked with new responsibilities in order to implement new regulations and programmatic changes to existing health care programs. The ACA expands health care coverage in the U.S., in part, by establishing new health insurance regulations, providing new consumer protections, and requiring most 8 citizens and legal residents to either purchase coverage on their own or obtain coverage through an employer. This attempts to resolve the issue of “free-riders” that seemingly can afford to purchase coverage, but choose to do without. Health plans are no longer allowed to place lifetime limits on the dollar value of coverage and are prohibited from rescinding coverage when an enrollee gets sick. Additional market reforms, many of which will become effective in 2014, include guaranteed issue and renewability of coverage, ending annual limits on the dollar value of benefits, and requiring plans to offer comprehensive Essential Health Benefit packages. To further expand health care coverage, families with incomes between 133 and 400% of the federal poverty level (FPL) will be eligible to receive premium tax credits, and cost sharing subsidies will be available to families with incomes up to 250% of the FPL. Beginning in 2010, small businesses providing coverage are eligible for tax credits. Employers with more than 50 employees will be assessed a fee if they fail to offer coverage to their employees, if employees pay more than 9.5% of their income for health care coverage, or if they have employees who receive a tax credit. The final vote for the ACA was almost exclusively along party lines and the provisions of the act remain extremely controversial. In this thesis, I do not wade into the discussion of whether this is the appropriate way to resolve health care issues in this country. I presume that the act will stay largely as is written, and California must make several decisions about implementation. I realize this is a simplistic perspective. The level of discussion especially along party lines leaves open the possibility that there will 9 be changes in the future. However, future changes are well outside the scope of this thesis, and I analyze the options for California given the statutes as currently written. 10 Chapter 3 WHAT IS A HEALTH INSURANCE EXCHANGE? Health insurance exchanges and similarly organized marketplaces are not a new concept. Generally, exchanges such as those to be created under the ACA are entities that pool together individuals or small employers so they are able to shop for health care coverage in an efficient and transparent market. This system brings the benefits of a large purchasing pool to individuals and small employers. Managed competition, along with a large and diverse group of potential enrollees, incentivizes health insurers to compete and sell products based on price, benefits, and quality rather than on health status. In this chapter, I discuss the concept of managed competition and its potential role in exchanges under the ACA. Characteristics of Managed Competition Exchanges such as those to be established under the ACA will adopt principles of the managed competition model, first introduced by Alain Enthoven and further developed over the 1980s and 1990s (Enthoven, 2011). Exchanges will have some form of managed competition through the health insurance market reforms of the ACA and the manner in which states decide to design state exchanges given the parameters of the ACA. Organizations like the California Public Employees Retirement System (CalPERS), the Massachusetts’ Commonwealth Health Insurance Connector Authority (Massachusetts Connector), and the Federal Employees Health Benefits Program (FEHBP) are examples of organized marketplaces featuring principles of managed 11 competition to make health care coverage choices available to employees and consumers (Chirba-Martin & Torres, 2008; Enthoven, 2003). Managed competition refers to an organized health care delivery system in which a “sponsor” manages the marketplace to stimulate competition among participating health insurers and to provide choices to consumers. These principles are used to prevent health insurers from competing based on enrollees’ health statuses rather than price, benefits, and quality of the health care coverage offered (Enthoven, 1993). Managed competition also enables consumers to choose coverage based on price and obtaining the highest value coverage for their dollar (Enthoven, 1993). In the case of exchanges established under the ACA, the sponsor is a government entity, but a sponsor can also be a large employer or a cooperative. Key characteristics of managed competition are the provision of standardized coverage options, consumer information in a standardized format so people shopping for coverage can easily compare their options (Enthoven, 1993). The sponsor seeks the maximum value for enrollees’ premium dollars by contracting with participating health insurers based on benefit, price, quality, and any other factors negotiated by the sponsor (Enthoven, 1988, 1993). Sponsors also ensure that consumers are provided with standardized information and data about available health care coverage options enabling them to make informed choices (Buhmueller, 2009; Enthoven, 1993). Consumers are encouraged to choose the best value for their own money. 12 Managed Competition and Exchanges In line with the concept of managed competition, exchanges are intended to provide individuals and small employers with the same advantages large employers have when shopping for and purchasing group coverage. “Group coverage” is a single policy or contract providing coverage for an entire group of people (Henderson, 2002). Individual coverage is health care coverage not provided by an employer and covers a single individual or an individual and his/her dependents (Henderson, 2002). The sponsor of a large group negotiates with health insurers to purchase coverage for all the employees in the group. Large groups are able to use market leverage to effectively bargain with health insurers over prices, benefits, and quality of the health care coverage options offered to their employees or members. Exchanges and similarly organized purchasing pools are intended to provide individuals and small employers with these same advantages by bringing them together into the same group, thereby generating stability, efficiency, and lower administrative costs. Managed competition also enables large groups to achieve economies of scale where administrative costs associated with enrollment and claims processing are spread across the entire large group rather than applying just to an individual. Administrative costs can vary across health insurers. However, such costs in the individual and small group markets are approximately 25 to 30% of earned premiums compared to roughly 12% for the large group market (Litow, 2006). By streamlining the enrollment process 13 and reducing administrative costs, more of the premium dollar can be allocated to health care. Large groups having a diverse pool of potential enrollees have less chance of adverse selection, which also encourages health insurers to compete with one another to win the large group’s business and the most enrollees from the group. Avoidance of adverse selection is one of the key factors to a successful risk pool or health insurance product and is one of main reasons previous exchanges have failed (Jost, 2010b). The traditional definition of adverse selection describes a situation in which there is information asymmetry in the marketplace and individuals have more information about their own health and potential level of utilization than the health insurer (Henderson, 2002). This can lead to an insurance product or group having too many high-risk, highutilizing enrollees that drive up premium costs. Healthy, low-risk, individuals are more likely to drop out as premiums increase. A health insurance product or purchasing pool will fail if it has a disproportionate number of enrollees with high-cost health care needs, resulting in too many unhealthy people accessing medical care and not enough healthy people paying premiums to keep the product or group solvent. Premiums are then increased to cover enrollees’ claims, in turn making the market less attractive to healthier, low-risk consumers who are more sensitive to price increases. As low-risk enrollees drop their health care coverage, the health insurer must increase premiums and other costs even more to cover claims. Eventually, the health insurance product fails because there are not enough premium dollars to cover enrollee claims. 14 Core Functions of Exchanges Created by the ACA The exchange provisions of the ACA, when coupled with health insurance market reforms, have features of managed competition as described above. The core functions of exchanges established by the ACA fall under regulatory activities to ensure that only “qualified health plans (QHP)” and consumer assistance activities are offered so consumers can compare QHPs and make informed choices based on quality, value, and price. Health plans participating in the exchange may only offer QHPs. A QHP must be certified by an exchange and meet criteria specified in the ACA as well as any additional requirements established by the exchange or the Secretary of HHS. Table 2 displays the minimum requirements a health plan must meet to be certified as a QHP. 15 Table 2 Qualified Health Plans General Provisions Certification Certification from an exchange that it meets the criteria in Section 1311(c) of the ACA Description Section 1311(c) requires the Secretary of HHS to develop regulations establishing criteria requires QHP to meets requirements related to the following: Marketing, Network adequacy, Accreditation for performance measures, Quality improvement, Enrollment procedures, Standardized consumer information, and Reporting requirements and public disclosure Essential Health Benefits Section 1302(b) requires HHS to define essential health Minimum benefit requirements benefits in the following categories: Includes the essential health benefits Ambulatory patient services, described in Section 1302(b) of the Emergency services, ACA Hospitalization, Maternity and newborn care, Mental health and substance use disorder services, Prescription drugs, Rehabilitative and habilitative services and devices, Laboratory services, Preventive and wellness services and chronic disease management, and Pediatric services Lifetime and Annual Limits Beginning September 23, 2010, the ACA prohibits Eliminates lifetime and annual limits lifetime limits on most benefits. on essential health benefits and Beginning January 1, 2014, the ACA prohibits annual limits cost-sharing according to dollar limits Section 1302(c) of the ACA QHPs must include specified limits on out-of-pocket costs, including deductibles, coinsurance, and copayments. Levels of Coverage The level of coverage is determined by actuarial value or the Provides at least one of the required percentage of average costs the QHP will cover. The ACA coverage levels. defines the following coverage levels: Bronze Level: The QHP covers 60% of the costs for covered benefits. Silver Level: The QHP covers 70% of the costs for covered benefits. Gold Level: The QHP covers 80% of the costs for covered benefits. Platinum Level: The QHP covers 90% of the costs for covered benefits. Source: Affordable Care Act; U.S. Department of Health and Human Services, 2010 16 In addition to the items in Table 2, the exchange must rate QHPs using a system based on price and quality, to be developed by HHS. The exchange must certify, recertify, and decertify plans based on these criteria, but may opt to require participating health plans to meet additional criteria (U.S. Department of Health and Human Services, 2010). For example, an exchange may require a QHP to offer benefits in addition to the essential health benefits; however, the state is required to cover the cost of those additional benefits. Managed competition features sponsors that take an active role in the enrollment process and in ensuring consumers have adequate information about the quality of the coverage options offered. Exchanges under the ACA are required to provide consumer assistance for individuals and small employers shopping for health care coverage and provide the standardized information to compare coverage offered by participating health insurers. This includes operating a toll-free hotline and Internet website for consumers. In addition to providing assistance to individuals and small employers shopping for coverage, the exchange is also required to screen for applicants eligible for Medicaid, the Children’s Health Insurance Program (CHIP), and other public programs. The exchange must also determine eligibility for tax credits or cost sharing subsidies and exemptions for the individual requirement to purchase coverage. The ACA also allows for exchanges to enroll people in public programs. Exchanges are required to establish a Navigator program to award grants to “Navigators” who will carry out public education and outreach activities and facilitate enrollment in QHPs. These entities will also be 17 responsible for providing referrals to state consumer assistance entities or the appropriate state agency when an enrollee has a complaint, grievance, or questions regarding his/her coverage. Table 3 Minimum Requirements of State Exchanges Established Pursuant to the ACA Exchanges must carry out the following core functions: Core Functions Oversight Functions Certification of qualified health plans Operations of a toll-free hotline Maintenance of a website for providing information on plans to current and prospective enrollees Assignment of a price and quality rating to plans Presentation of plan benefit options in a standardized format Provision of information on Medicaid and CHIP eligibility and determination of eligibility for individuals in these programs Provision of an electronic calculator to determine the actual cost of coverage, accounting for premium tax credits and cost sharing reductions Certification of individuals exempt from the individual mandate requirement Establishment of a Navigator program that provided grants to entities providing consumer assistance Consultation with stakeholders Provision of open enrollment periods Exchanges must ensure that participating health insurers meet regulatory standards in the following areas: Marketing Network adequacy Accreditation for performance measures Quality improvement and reporting Uniform enrollment procedures 18 Table 3 continued Exchanges must consider the following regulatory standards, yet to be established by the U.S. Department of Health and Human Services: Oversight Functions continued Adequate information on in-network and out-of-network providers, provider directories, and availability of community providers. Premium trends and plans’ justifications of premium increases. Public disclosure of health plan data, including claims, denials financial disclosures, and enrollment/disenrollment data. Timely consumer assistance, including information on costsharing when requested by consumers. Information on quality improvement efforts. Source: U.S. Department of Health and Human Services (2010) The ACA includes specific deadlines with which states must comply as they establish and implement an operating exchange. State-operated exchanges are required to begin operating by January 1, 2014, and must have certification from HHS by January 1, 2013 that reasonable progress toward this goal has been made. In addition, exchanges are required to be financially self-sustaining within one year of operation. To meet these goals, California will need to move quickly to carry out planning and implementation activities across several agencies. This includes working with the agencies that administer public health care programs, streamlining these agencies’ current consumer assistance functions, and collaborating with the state’s regulatory agencies. With higher rates of the population uninsured and lower rates of employersponsored coverage, compared to the rest of the country, California decision makers must quickly, but carefully, decide how it will create its exchange. California’s large diverse 19 population and complex needs do not leave an optimal situation for the federal government to operate the exchange. Compounding this fact is the high rate of undocumented persons residing in California who are not eligible to purchase coverage through the exchange. The manner in which California designs its exchange to work with health insurers and other state agencies to carry out these core functions will determine the success of the exchange as it makes health care coverage available to individuals and small businesses. 20 Chapter 4 STATE FLEXIBILITY IN DESIGING EXCHANGES In this chapter, I discuss the relevant provisions of the ACA where states must make choices in organizing and designing health insurance exchanges, criteria for evaluating alternatives, and the implications of these choices using a CAM. According to the initial guidance released by the U.S. Department of Health and Human Services (2010), a state must make decisions on the exchange’s governance and operating model as it makes health care coverage options available to individuals and small employers. California must give careful consideration to how it will use this flexibility, as the decisions made over the next three years will drive the long-term success of exchanges. Table 4 below lays out the choices the State must make in regard to exchange governance and operating model. Table 4 State Choices in Establishing Exchanges Governance Operating Model Should the exchange be established as an independent government agency, within an existing government agency, or as a non-profit agency? Should the state form a single exchange, several regional exchanges within the state, or a multi-state exchange? Should the exchange require health plans to competitively bid to participate in the exchange? Should the exchange selectively contract with health insurers? Should health insurers be required to offer benefits beyond the Essential Health Benefits required? Source: U.S. Department of Health and Human Services, 2010 21 Methodology To evaluate the options California has for designing its exchange governance and operating model, I use a CAM or Criteria Alternative Matrix. The alternatives are displayed in rows, and the criteria are displayed in columns. Each cell contains some evaluation or indicator of how well the given alternative satisfies the criteria in the column. I first discuss the flexibility and specific options the state has under the ACA for exchange governance. The alternatives are based on the provisions of the ACA specifying that the exchange must be a nonprofit entity or a government agency. I then discuss the three criteria used to evaluate the alternatives for exchange governance. These criteria were derived from “principles and priorities” described in the Initial Guidance to States on Exchanges (U.S. Department of Health and Human Services, 2010). I then provide an analysis of each possible alternative as provided by the ACA. The evaluation for each alternative was displayed in the CAM as a the alternative satisfied the criterion in the column, and a “--” indicating it did not adequately satisfy the criterion. In this case, the alternative either satisfied the criterion or it did not, so a numerical rank was not necessary. Next, I evaluated the alternatives for the exchange operating model. I began this evaluation with a discussion of the range of alternatives available to states for an operating model. As with the criteria used to evaluate the exchange governance alternatives, the criteria were selected based on the Initial Guidance to States on 22 Exchanges (U.S. Department of Health and Human Services, 2010), as well as the characteristics of managed competition. Some criteria are more critical to the success of the exchange and have been ranked appropriately. Because there is a range or continuum of alternatives for the exchange operating model, these alternatives were evaluated using a weighted rank to measure the degree to which the alternative satisfies the given criterion. For each alternative, the weighted ranks assigned to the criteria were added to yield a total score. Exchange Governance Governance refers to the organizational design, administration, and oversight of the exchange (U.S. Department of Health and Human Services, 2010; Weil, Shafir, & Zemel, 2011). Exchange governance also includes issues such as how exchange officials are selected and establishing personnel, contracting, and procurement procedures (Van de Water & Nathan, 2011). Under the ACA, California is permitted to create the exchange as a nonprofit entity or as a government agency. If established as a government agency, the exchange can be housed within an existing agency such as the California Department of Health Care Services or as a new government agency. Alternatively, an exchange as a new government agency could be established as a state board or commission, or a department under the Governor’s executive branch. California may also opt to establish a single exchange to serve the entire state, several subsidiary exchanges that serve geographic areas within the state, or a multi-state exchange that provides services to a specific U.S. region (U.S. Department of Health and Human Services, 2010). Each of 23 these alternatives has implications for how the exchange operates and how it interacts with other government agencies (Jost, 2010a; Van de Water & Nathan, 2011). Though California has moved forward with establishing the CHBE governance as an independent state board, this section presents the tradeoffs for each alternative available and addresses the challenges the new exchange board faces. Based on the Initial Guidance released by the U.S. Department of Health and Human Services (2010), decision makers must consider accountability and transparency to the public, avoidance of conflict of interest, and the exchange’s ability to move quickly with establishment activities as well as flexibility to react to changes in the health care market. In addition, the exchange should be able to collaborate with other agencies involved with administering health care programs and implementing the ACA in California (Jost, 2010b). These considerations serve as the criteria by which the alternatives for governance and structure were evaluated. Governance Criterion 1: Public Accountability and Transparency As one of the principles and priorities outlined in the Initial Guidance (U.S. Department of Health and Human Services, 2010), public accountability and transparency will be one of the key factors in determining federal support and funding for state planning and establishment activities. Exchanges will be required to publicly disclose information related to licensing and regulatory fees and administrative costs [§1311(d)(7)]. In addition, the exchange will need to avoid conflict of interest so 24 executive leadership does not have a financial or personal interest in exchange activities and decisions. Governance Criterion 2: Flexibility The exchange should be able to react quickly to changes in the overall health care market to ensure health plan competition and consumer choice (U.S. Department of Health and Human Services, 2010). Over time, it may be necessary for the exchange to adjust its operational model. In addition, the exchange must have enough flexibility to work effectively with private health insurers, stakeholders, and other government agencies. Given the short time period to create an operating exchange, this flexibility and ability to make decisions quickly is essential. Governance Criterion 3: Interagency Collaboration Establishment of an exchange in California necessitates collaboration among state agencies, including the Department of Finance, Department of Health Care Services, Office of Systems Integration, the Department of Managed Health Care, and the Department of Insurance (California Health and Human Services Agency, 2010). These agencies will need to work quickly and efficiently in order to have a fully operational exchange by January 1, 2014. In addition to state agencies, the exchange will also have to work with local agencies and counties providing direct services to the public. Not only will these state and local agencies need to work together to establish the exchange, interagency collaboration is fundamental to a successful exchange. 25 Table 5 is a summary of the criteria for evaluating exchange governance alternatives. These criteria carry equal weight as flexibility and interagency collaboration are critical to the success of the exchange, and accountability and transparency are required under the ACA. Table 5 Criteria for Evaluating Governance Alternatives Accountability and Transparency Flexibility Interagency Collaboration The exchange is accountable to the public, and exchange activities, operations, and finances are transparent. The exchange governance and state statutes should prohibit conflict of interest. The exchange should operate efficiently. It should be able to quickly move forward with establishment activities. It should be flexible enough to respond to changes in the overall health care market. The ease with which the exchange is able to collaborate with existing state agencies that carry out one or more activities related to the exchange’s core functions, including regulating health insurance, administration of public health programs, and state information technology infrastructure. Evaluating the Exchange Governance Alternatives Governance Alternative 1: The Exchange as a Nonprofit An exchange as a nonprofit entity established by the state would have the benefit of being subject to fewer state administration laws related to personnel, contracting, and procurement allowing it to be more flexible in responding to changes in the health care market (Jost, 2010b; National Association of Insurance Commissioners, 2010). In general, such an entity would be able to make decisions and carry them out quickly. On the other hand, state administrative laws are in place to ensure accountability and transparency. The relative independence of a nonprofit entity could hinder accountability and state oversight efforts as well as impede coordination with other state agencies 26 (National Association of Insurance Commissioners, 2010). Though not specifically related to health care, California’s system of private, nonprofit regional centers that contract with the State to provide services to individuals with developmental disabilities can serve as an example of the difficulties arising with accountability and transparency of a nonprofit entity. The California Bureau of State Audits has found that the Department of Developmental Services did not provide enough oversight for the regional centers’ fiscal operations, and expenditures did not always appear to be reasonable (California State Auditor, 2010). There is the potential for similar disadvantages and lack of oversight with several geographic subsidiary exchanges. The State would need to ensure there are laws and regulations in place to confirm adequate oversight, transparency, and public disclosure of financial activity as required by the ACA. A nonprofit entity may be at a disadvantage compared to a governmental agency when working with other state agencies and external entities like counties and local agencies. A nonprofit exchange is less likely to have established relationships with the other state agencies carrying out health care reform implementation activities (National Association of Insurance Commissioners, 2010). According to Jost (2010a), oversight functions like certifying qualified health plans are governmental functions and may not be appropriate activities under the purview of a nonprofit entity. 27 Table 6 Exchange as a Non-Profit Accountability and Transparency Nonprofit status may hinder state oversight activities. May be subject to fewer administrative state laws. State law could be implemented to prevent conflict of interest. Flexibility Interagency Collaboration May be subject to fewer state administration laws allowing for greater flexibility. However, there may be less transparency and accountability to the public. Unlikely to have established working relationships with other state agencies. Independence may hinder interagency collaboration. Governance Alternative 2: The Exchange as an Existing Agency An exchange housed within an existing agency would already have administrative procedures and regulations in place, which may enable the state to establish an exchange more quickly than by creating a new agency (National Association of Insurance Commissioners, 2010; Van de Water & Nathan, 2011). In addition, existing agencies already have interagency relationships established and may carry out one or more of the required functions of an exchange under the ACA (National Association of Insurance Commissioners, 2010). Existing state agencies responsible for administering public health care programs or health insurance regulation have the experience and expertise to carry out one or more functions of the exchange. In California, such agencies include the Department of Health Care Services as the State’s Medicaid agency, the California Department of Insurance, and the Department of Managed Health Care. The State also has the Department of Insurance and the Department of Managed Health Care, two health insurance regulatory agencies that could feasibly house the exchange. In addition to regulating health maintenance organizations (HMOs), the Department of Managed Health 28 Care also operates a Help Center that helps resolve enrollee complaints about their health care coverage. However, it may not be appropriate to establish an exchange that makes health care coverage available to consumers within a regulatory agency as issues of conflict of interest may arise (Jost, 2010b; Van de Water & Nathan, 2011). Van de Water and Nathan (2011) also suggest possibly establishing the exchange with an agency responsible for collecting taxes or administering health care coverage for public employees. Any of these agencies could be suitable for housing the exchange, and they will be required to work closely with the exchange regardless of its governance and organizational form. While an exchange within an existing agency would have the advantage of established administrative procedures and experience with one or more required functions, an existing agency may not have the capacity to carry out all the new functions related to the exchange (Van de Water & Nathan, 2011). This could hinder its ability to adjust to the health care market place. Table 7 Exchange within an Existing Agency Accountability and Transparency Subject to state administration laws. Subject to state laws related to conflict of interest. Flexibility Interagency Collaboration May not have the capacity to carry out new functions and adapt quickly to changes in the market. Existing agency would already have established relationships with other state agencies, and is able to navigate state processes. 29 Governance Alternative 3: The Exchange as a New Agency The State has the option of establishing the exchange as a new governmental agency. This could be an independent state agency like the Massachusetts’ Connector or CalPERS or a state agency accountable to the Governor’s Office. An exchange as a new independent agency may have the advantage of being able to create a new organizational culture and structure without the bureaucratic hurdles that may exist within a larger, older public organization. This could also be an advantage for the exchange in establishing new relationships with other state agencies. A new state agency would also be able to focus on establishing and operating the exchange rather than on carrying out exchange functions in addition to existing mandates (Van de Water & Nathan, 2011). An exchange could be structured as a department, board, or commission. According to Jost (2010a), states will most likely establish the new exchange as a board, as is the case with California. A board’s membership can be determined so relevant experience and expertise can be selected to ensure all stakeholder interests are represented. Board members can represent a variety of interests, including consumer advocates, small businesses, regulators, and other state agencies related to health care. The state should be careful that representation by health insurers and health care providers does not present a conflict of interest (Jost, 2010a). An exchange housed within as a department in the Executive Branch would be accountable to the Governor. Such an exchange may be more vulnerable to political influence than the other alternatives. Additionally, the same administrative laws and 30 requirements intended to promote accountability and transparency may delay the exchange’s ability to move quickly with hiring key personnel and contracting and procurement. Whether the exchange is a department or board, state law and statutes could be implemented to ensure public accountability as well as maintain the flexibility and efficiency. Table 8 Exchange as a New Government Agency Accountability and Transparency Subject to state administration laws Subject to state laws related to conflict of interest. However, issues may arise is the exchange is housed in a regulatory agency. Flexibility Legislation establishing the agency can exempt the agency from state administration laws allowing for increased flexibility. Interagency Collaboration New working relationships with other state agencies must be established. These roles can be established by mandate. Governance Alternative 4: An Exchange as a Multi-state Exchange or Subsidiary Exchanges The ACA allows the state to establish a multi-state exchange or several geographic subsidiary exchanges within the state. A multi-state exchange may be appropriate for small states or metropolitan areas that cross state lines like the NY-NJ-CT tri-state area (Blumberg & Pollitz, 2009; Jost, 2010a; Van de Water & Nathan, 2011). However, such an arrangement may present challenges when navigating a regulatory scheme under multiple states. States would have to align statutes and regulations related to the exchange. Additionally, exchange operations may become more complex when coordinating activities among more than one Medicaid agency, insurance regulator, and agencies involved in carrying out health care reform implementation (Van de Water & 31 Nathan, 2011). Similarly, it may be difficult to coordinate activities among several geographic subsidiary exchanges. Table 9 Exchange as a Multi-State or Geographic Subsidiary Exchange Accountability and Transparency Oversight may be hampered due to several participating states in multi-state exchange or subsidiaries in a single state. Flexibility Operations across several states or subsidiaries could become complex and hinder flexibility. Interagency Collaboration Difficult to collaborate across multiple state agencies or several small exchange entities within the state. Findings Table 10 is a summary of the governance alternatives available to California. Decision makers will need to consider the tradeoffs in determining the best approach for the state. A “ ” means the alternative for exchange governance would meet the criterion indicated. A dash means the alternative may not adequately satisfy the criterion. 32 Table 10 Evaluating Governance and Structure Accountability and Flexibility Transparency Exchange as a Non-Profit Interagency Collaboration -- Exchange Within an Existing Government Agency --- Exchange as an Independent Government Agency Exchange as Several Geographic Subsidiaries or a Multi-state Exchange -- -- -- Based on this analysis, the exchange as an independent government agency is likely the optimal choice for exchange governance in California. This form of exchange governance remains accountable and transparent to the public as would any public or government agency. Additionally, as a government agency, the exchange would be in a better position to carry out activities that require coordination with existing agencies. A new independent agency, particularly one exempt from California’s civil service requirements or hiring freezes will be flexible enough to implement exchange legislation and adapt to the health insurance marketplace over the life of the exchange. Exchange Operating Model Moving forward, the CHBE Board must design the operating model that will be used to successfully make QHPs available to consumers. The ACA permits exchanges to certify any health plan that meets the ACA’s minimum criteria as a QHP and best serves 33 the interests of individuals and small employers. The goal is to attract a large, diverse purchasing pool and incentivize health insurers to compete for business by offering high quality coverage options for low prices so consumers can compare and select coverage based on quality, price, and benefits offered (Jost, 2010b). If the exchange is able to draw a large and diverse enough pool of potential enrollees, it will be able to use market leverage to encourage health insurers to offer higher value coverage through the exchange. Alternatives for the exchange operating model can be represented on a continuum. The range of alternatives can be used to increase competition among health plans and bring higher quality coverage options to the exchange marketplace. On one end, the exchange can act as a clearinghouse that provides individuals using premium subsidies with information about any QHP that meets the ACA’s minimum criteria with market forces generating product availability (Merlis, 2009; Morgan, 2011; U.S. Department of Health and Human Services, 2010). The initial federal guidance to states on exchanges refers to this as an “open marketplace” model (U.S. Department of Health and Human Services, 2010). This type of exchange would carry out few activities beyond the core functions required by the ACA. As we move along the continuum, the exchange plays an increasingly active role using tools of managed competition to stimulate competition among health insurers based on quality, benefits covered, and price rather than on risk selection. The exchange may choose to operate as a “standardized” marketplace that limits variation among the 34 coverage options made available to consumers, and options are standardized based on features like covered benefits and cost-sharing structure (National Academy of Social Insurance, 2011). Furthermore, the exchange may bargain with health insurers to offer higher levels of coverage or develop additional certification standards for health insurers in order to participate in the exchange. The exchange, as a sponsor, can enhance the market rules and protections already required under the ACA by selecting health insurers to participate. Moving further along the continuum, the exchange is an active purchaser or selective contractor that requires health insurers to competitively bid to participate in the exchange. The exchange would then contract with health insurers offering coverage in the best interest of consumers. Because there is a range of options available, I examine three operating model alternatives with the understanding that it is possible to choose a model that blends characteristics of multiple operating models. The alternatives are as follows: 1) The “Clearinghouse” Marketplace, 2) The “Standardized” Marketplace, and 3) The Selective Contractor. In determining the operating model, it is critical the exchange avoids adverse selection or a disproportionate number of high-risk consumers (Jost, 2010b; National Association of Insurance Commissioners, 2011; U.S. Health and Human Services, 2010). “Avoidance of adverse selection” served as one of the key criterion for evaluating the operating model alternatives. States are also encouraged to create exchanges that facilitate competition based on quality and price. Competition and consumer choice 35 based on quality and value will create a more efficient market (Jost, 2010b). Decision makers should consider the exchange’s ability to generate competition so the coverage options made available are in the best interest of consumers. The ACA requires the exchanges to carry out a number of consumer assistance activities intended to enhance the individual and small employer experience when shopping for health care coverage. Exchanges should be designed to promote an enhanced, consumer-friendly experience that encourages individuals and small employers to voluntarily seek coverage through the exchange. The exchange should be easy to navigate, and consumers should be able to easily shop, compare, and choose their coverage. In line with managed competition, consumers should be encouraged to select the coverage that is the best value for their money (Enthoven, 1993). Additionally, consumers should have a range of available options when seeking coverage without so many choices that shopping becomes too cumbersome (Kingsdale & Bertko, 2010). Operating Model Criterion 1: Avoids Adverse Selection (Weighted 40%) Adverse selection is identified as the most significant reason exchange-like entities have failed in the past (Jost, 2010b). To emphasize the importance of this criterion, “avoidance of adverse selection” is weighted 40% in evaluating alternatives. This gives the “avoids adverse selection” criterion slightly more importance without overwhelming the other two criteria. The exchange will be at risk for adverse selection if it is unable to attract enough low-risk healthy individuals and has a disproportionate number of consumers with high 36 health care costs (Jost, 2010b; National Academy of Social Insurance, 2011). Though the ACA includes provisions that serve to prevent adverse selection, the exchange operating model can be designed to further prevent adverse selection. An exchange that attracts a large diverse risk pool, for example, has a reduced chance of adverse selection (Jost, 2010b). The existence of a traditional health insurance market outside the exchange increases risk for adverse selection (National Association of Insurance Commissioners, 2011). The exchange will have to compete with the outside market, and low-risk healthy individuals can opt to purchase insurance in the traditional health insurance market if they are not using cost-sharing subsidies (Jost, 2010a). If the rules for the traditional health insurance market are too different from the exchange, health insurers can sell coverage outside the exchange that disproportionately attracts low-risk consumers. This can result in the exchange becoming a high-risk pool that attracts individuals with a high demand for comprehensive coverage (Jost, 2010b). The exchange then becomes unattractive and too expensive. On the other hand, if coverage offered in the exchange is too limited, consumers may turn to the outside market for better options (National Association of Insurance Commissioners, 2010). There is also risk for adverse selection among products within the exchange if participating health insurers are able to design products that disproportionately attract low-risk individuals (Jost, 2010a). Self-insured plans also put exchanges at risk for adverse selection. These types of plans typically feature a larger business that collects premiums and pays medical claims 37 for employees and their dependents (U.S. Department of Health and Human Services, 2010). Self-insured plans are subject to regulations under the Employment Retirement Income Security Act of 1974 and are generally exempt from state law and many of the provisions of the ACA (Chaikind, 2003; Jost, 2010a). An employer may continue to maintain a self-insured plan until it is more affordable to shift employees to the exchange, creating what is essentially a high-risk pool. States may expand exchanges to allow participation by large employers beginning in 2017. The exchange operating model should be such that employers find coverage through the exchange to be a better deal, not just when employees become too expensive to cover. There are provisions of the ACA and California’s legislation establishing the CHBE that will help prevent adverse selection within and against exchanges. The individual mandate requiring most individuals to have health care coverage will prevent health low-cost individuals from forgoing coverage (Jost, 2010b). The ACA requires individuals with tax credits and cost-sharing subsidies to obtain coverage through the exchange. This will ensure the exchange captures at least some segment of the individual market. While the ACA permits only QHPs to be offered in the exchange, it also requires health insurers to include essential health benefits and to comply with new market reforms. This will serve to create some standardization across products offered within and outside the exchange. Further, the ACA implements risk adjustment programs where those health insurers that disproportionately attract low-risk healthy enrollees must 38 reimburse health insurers that disproportionately enroll high-risk individuals. This will help prevent adverse selection against the exchange (Jost, 2010b). The State legislation implementing the ACA and establishing the CHBE takes further action to prevent adverse selection. Health insurers in the traditional market and those participating in the CHBE are required to offer all levels of coverage. California also grants the CHBE Board flexibility by permitting it to standardize coverage options. Operating Model Criterion 2: Facilitates Competition among Health Insurers (Weighted 35%) According to the Initial Guidance (U.S. Department of Health and Human Services, 2010) and in line with the concept of managed competition, the exchange should facilitate competition among health insurers to obtain the highest value for consumers seeking health care coverage. Consumers will have access to coverage options regardless of the operating model chosen due to the minimum functions exchanges are required to carry out under the ACA. However, the exchange can be designed to increase the level of competition among participating health insurers. For example, an exchange with sufficient market leverage can negotiate with participating health insurers in a similar fashion as large employers do to provide coverage options to employees. According to Enthoven (1993), managed competition stimulates competition based on price. Specifically, a sponsor, or the exchange in this case, achieves priceelasticity of demand when an increase in the price of coverage results in a decreased demand (Enthoven, 1993). The ACA contributes to this by requiring exchanges to 39 provide consumers with standardized information on available coverage options. Exchanges will also give ratings to coverage options based on price and quality, enabling consumers to choose coverage that is the best value for their money. Because the primary goal of exchanges under the ACA is to create a new competitive marketplace, this criterion will be weighted 35% to give it slightly higher significance than “enhanced consumer experience.” Operating Model Criterion 3: Enhanced Consumer Experience (Weighted 25%) The Initial Guidance (U.S. Department of Health and Human Services, 2010) encourages exchanges to perform outreach activities and provide streamlined access to health care coverage as well as access to coverage available through the state’s publicly funded programs like Medi-Cal and the Healthy Families Program. A key role of the exchange is to ensure that exchanges are able to compare coverage options based on price and benefits (Kingsdale & Bertko, 2010). Additionally, the ACA requires exchanges to assist individuals and small employers as they shop, compare, and enroll in the health care coverage of their choice (U.S. Health and Human Services, 2010). Federal funding will be made available to assist states in establishing Navigator programs to provide assistance to consumers. The goal is to make this process easier for consumers and support consumer choice. Given the required consumer assistance activities the exchange is required to carry out, the exchange operating model can be designed to further enhance the consumer experience. For example, the number of health insurers allowed to participate and the 40 amount and types of coverage options available can affect consumer experience. A narrower range of coverage options enables the exchange to present consumers with options easy to compare and prevents adverse selection. However, this may hinder health insurers’ ability to develop attractive coverage options (Kingsdale & Bertko, 2010). According to Jost (2010b), exchanges tend to be successful in increasing coverage options for consumers without making it too complex. The degree to which the operating model enhances the consumer experience will be weighted 25%. Table 11 briefly summarizes each of the criteria used to evaluate the alternatives for the exchange operating model. Table 11 Criteria for Evaluating Operating Model Alternatives Avoids Adverse Selection (Weighted 40%) The exchange attracts a large diverse group of consumers. The exchange operating model avoids attracting a disproportionate number of high-cost consumers, as well as avoiding adverse selection within the exchange. Facilitates Competition Based on Price, Value, and Quality (Weighted 35%) The exchange facilitates competition among health insurers based on factors such as price, value, quality and service. Enhanced Consumer Experience (Weighted 25%) Consumers are able to easily compare the available coverage options. There should not be so many options that shopping becomes confusing. Coverage options should not be so limited that consumers seek coverage outside the exchange and insurers have no incentive to develop innovative products. Ranking System To evaluate the alternatives, I used a numerical ranking system. Each criterion was assigned a number on a scale of 1 to 3, depending on how well the alternative satisfied the criterion. The assigned rank was then appropriately weighted to elevate the importance of how well the alternative avoids adverse selection. A rank of “1” indicates 41 the alternative is unlikely to adequately satisfy the criterion. A rank of “2” indicates the alternative moderately satisfies the criterion. An alternative was assigned a “2” for a given criterion if it will meet the criterion goal but may not be the best choice given the other operating model alternatives available. A rank of “3” means the alternative is the best to satisfy the criterion. For each alternative, the criterion rank was multiplied by the assigned weight. The weighted rank for each criterion was added, resulting in a number between 1 and 3 for each criterion. The total score represents, on scale from 1 to 3, the degree to which the alternative meets the goals of the ACA’s goals and objectives for exchanges. The ACA implements unprecedented federal health care reform, including health insurance exchanges and market reforms. There is no certainty whether any particular operating model will lead to a successful exchange that achieves the goals of the ACA. Any of the operating models could meet the minimum requirements of the ACA; however, one model over the others will have a greater likelihood of succeeding in the long run. As the alternative’s total score approaches 3, the better chance it has for longterm success in California. Evaluation of Operating Model Alternatives Operating Model Alternative #1: Open Marketplace Model The open marketplace model operates as a pass-through organization for consumers using subsidies as well as any individuals and small employers that voluntarily purchase coverage through the exchange. The exchange using this operating 42 model certifies any qualified health plan that meets the requirements outlined in the ACA and any additional requirements the exchange may impose. The open marketplace model in California may not be the best option to avoid adverse selection as it could result in variation among coverage offered in the traditional health insurance market and inside the exchange. There is little disincentive for health insurers to offer coverage inside the exchange and in the outside market that disproportionately attracts low-risk individuals. Further, such a model may not be enough to attract individuals and small businesses voluntarily seeking coverage through the exchange. The open marketplace exchange does not go beyond what is required in the ACA to encourage competition. Participating health insurers may opt to compete based on price or offer coverage that goes beyond the minimum requirements, but the exchange does not play an active role in stimulating this competition. Such an operating model may be sufficient in states that have few health insurers in the market, but California has over 100 health care service plans and health insurers regulated by the Department of Managed Health Care and the California Department of Insurance, respectively. The open marketplace model that allows any QHP to be offered through the exchange has the potential to become overwhelming and unmanageable due to numerous and varied product offerings (Jost, 2010b; Merlis, 2009). While consumers may potentially have more options from which to choose, this may hinder the exchange’s ability to provide an enhanced consumer experience 43 By allowing any QHP to offer coverage in the exchange, health insurers would compete with one another to gain enrollees. However, beyond the market reform provisions of the ACA, the exchange would not take an active role to facilitate competition based on price, value, and quality. Additionally, health insurers may not have an interest in seeing an exchange that has enough market leverage to negotiate better rates and higher quality coverage for consumers (Wicks, 2002). Table 12 Open Marketplace Model Avoids Adverse Selection (Weighted 40%) Open marketplace may not attract individuals not using subsidies or if self-funded employer plans shift high-risk employees to the exchange. There is no disincentive for health insurers to offer coverage inside and outside the exchange that disproportionately attracts lowrisk individuals Raw Score = 1 Weight = 40% Weighted Score = 0.40 Facilitates Competition Based on Price, Value, and Quality (Weighted 35%) Health insurers may compete to offer coverage based on price, value, and quality if the risk pool is large and diverse, but the exchange does not play an active role in stimulating that competition. Enhanced Consumer Experience (Weighted 25%) Raw Score = 1 Weight = 35% Weighted Score = 0.35 Raw Score = 1 Weight = 25% Weighted Score = 0.25 Permitting any QHP to participate could result in too many options and may become overly complex and overwhelming for consumers. The exchange does not perform any consumer assistance activities beyond those required under the ACA. Open Marketplace Rank = 1.0 Operating Model Alternative #2: Standardized Marketplace Model In a standardized marketplace, the exchange exerts greater control by requiring some degree of standardization among the coverage options offered in the exchange. The exchange may opt to only permit QHPs that meet certain quality and service standards. These additional standards would be determined by the exchange to ensure that certified QHPs are in the best interest of individuals and consumers shopping for coverage. Any 44 additional QHP requirements can focus on price, quality, or value enabling consumers to understand and compare coverage options based on these features. While the ACA provides for tiered coverage levels, the exchange can standardize the out-of-pocket costsharing structure (Kaiser Family Foundation, 2011). The exchange may require health insurers to offer benefits beyond the required essential health benefits (Jost, 2010b; Merlis, 2009). In line with managed competition, standardization limits variation among coverage options offered in the exchange. This helps prevent adverse selection within the exchange, as health insurers are less able to design products that disproportionately attract low-risk enrollees. In addition, consumers are able to focus on price instead of just what benefits are offered (Enthoven, 1993; Jost, 2010b). Standardized coverage options inside the exchange, however, leaves the health insurers in the outside market with the ability to design coverage that attracts low-risk consumers (Wicks & Hall, 2000). Standardizing the coverage options made available may reduce the chance of adverse selection among products within the exchange, as health insurers would be limited in offering coverage options that disproportionately attract low-risk consumers. However, depending on whether additional regulations create similar markets inside and outside the exchange, low-risk individuals may still seek less comprehensive but more affordable coverage in the traditional health insurance market. Compared to an open marketplace in which any QHP can be offered, the standardized exchange is better able to 45 control adverse selection. However, this may not be the best option to address adverse selection against the exchange. An exchange using this operating model alternative would use its ability to standardize coverage options to facilitate competition, as well as consumer choice, based on price, value, and quality instead of on risk selection (Jost, 2010b). Health insurers must offer similar coverage options, so the focus is on designing high value coverage options rather than coverage that attracts the low-risk enrollees. Exchanges have been successful in offering consumers a variety of coverage options, and standardization supports “choice without complexity” (Jost, 2010b, p. 12). However, too many choices may become overwhelming for the consumer and may be counter to providing choice based on a price and value. In addition, this model does not necessarily negotiate with insurers to offer the highest value and may also stifle health insurers’ abilities to offer new product designs. The exchange using a Standardized Marketplace is better able to provide an enhanced consumer experience than the one in the Open Marketplace model. Standardizing plans may make is easier for consumers to compare benefit designs based on price, but the availability of several plans by several health insurers may be overwhelming if the exchange only permits any QHP that meets its standards (Jost, 2010b). This operating model, combined with the requirements of the ACA, enables consumers to compare options and make rational choices. 46 At this point on the operating continuum, the exchange is better able to control health insurers’ abilities to offer products within the exchange that attract a disproportionate number of low-risk enrollees. It also gains greater ability to facilitate competition based on price, value, and quality depending on how the exchange standardizes the products. Table 13 Standardized Marketplace Model Avoids Adverse Selection (Weighted 40%) Standardizing options inside the exchange may enhance existing protections by limiting adverse selection among products within the exchange, but not outside the exchange. State legislation would be needed to ensure the outside market is comparable to the exchange. Raw Score = 2 Weight = 40% Weighted Score = 0.80 Facilitates Competition Based on Price, Value, and Quality (Weighted 35%) In line with managed competition, health insurers would be required to offer standardized coverage. Competition and consumer choice are focused on features like price, quality, and value. Enhanced Consumer Experience (Weighted 25%) Consumers would be better able to compare standardized options, but may become overwhelmed when there are too many coverage options to compare. Raw Score = 2.5 Weight = 35% Weighted Score = 0.88 Raw Score = 2 Weight = 25% Weighted Score = 0.50 Standardized Marketplace Rank = 2.18 Operating Model Alternative #3: Selective Contractor Model The exchange that operates as a Selective Contractor, or active purchaser, requires health insurers to competitively bid and selects participating health insurers that can offer the best deal for consumers based on factors such as choice, value, and quality. An operating model at this end of the continuum is the most closely aligned with managed competition, and the exchange uses its market leverage to negotiate with health insurers 47 to get highest value coverage for consumers. The exchange is required to consider premium trends when considering whether to allow a health insurer to participate in the exchange but may also consider other features like cost-sharing structure, network adequacy, and quality. The model also affords the exchange more control over the number and types of coverage options offered. The Massachusetts Connector is an example of a purchasing cooperative that acts as a selective contractor (Merlis, 2009). The California Public Employees’ Retirement System (CalPERS) is another example of a selective contractor that offers over 1 million employees and retirees a choice among standardized products with cost sharing and benefits negotiated by the CalPERS Board (Merlis, 2009). As with the standardized exchange, the Selective Contractor is better able to limit health insurers’ abilities to offer products within the exchange that disproportionately attract low-risk enrollees. Health insurers will be more willing to participate or compete for enrollees if there is less chance they will experience adverse selection. The health insurance market reforms in the ACA and state legislation implementing federal health care reform will limit some of the potential for adverse selection against the exchange. However, if the exchange negotiates coverage that includes more robust benefits, it could lead to coverage options that are more expensive than those offered in the outside market (Jost, 2010b). This could contribute to adverse selection against the exchange where less expensive coverage attracts the low-risk consumers. 48 The selective contractor also gains a better ability to offer a range of high-quality coverage options for consumers to compare. Similar to CalPERS or other large employers, the exchange will be able to bargain with insurers and select the products to be offered. The exchange can use its ability to select participating insurers to ensure that consumer choice is structured around the price of the products offered (Jost, 2010b). It is difficult to know whether it is the large purchasing pool that attracts insurers offering quality coverage or if the availability to quality coverage attracts the large, diverse purchasing pool (Wicks, 2002). However, a Selective Contractor able to make highquality coverage available is more likely to attract and retain a large purchasing pool in the long run. 49 Table 14 Selective Contractor Model Avoids Adverse Selection (Weighted 40%) Requiring health insurers to competitively bid allows the exchange to select a range of coverage options that may limit adverse selection among products within the exchange, but not necessarily outside the exchange. State legislation would be needed to ensure that outside market is comparable to the exchange. Raw Score = 2 Weight = 40% Weighted Score = 0.80 Selective Contractor Rank = 2.60 Facilitates Competition Based on Price, Value, and Quality (Weighted 35%) Health insurers are encouraged to compete and competitively bid based on price value, and quality. Exchange risk pool should be large and diverse to be attractive to health insurers. Enhanced Consumer Experience (Weighted 25%) Consumers would be better able to compare a range of high-qualitycoverage options selected by the exchange. The exchange can bargain for higher value coverage for consumers. Raw Score = 3 Weight = 35% Weighted Score = 1.05 Raw Score = 3 Weight = 25% Weighted Score = 0.75 50 Findings Table 15 displays the operating model alternatives and their respective weighted ranks. Table 15 Operating Model Alternatives Avoids Adverse Selection Open Marketplace Model Standardized Marketplace Model Selective Contractor Model Enhanced Consumer Experience (Weighted 40%) Facilitates Competition Based on Price, Value, and Quality (Weighted 35%) Raw Score = 1 Weight = 40% Weighted Score = 0.40 Raw Score = 1 Weight = 35% Weighted Score = 0.35 Raw Score = 1 Weight = 25% Weighted Score = 0.25 Raw Score = 2 Weight = 40% Weighted Score = 0.80 Raw Score = 2.5 Weight = 35% Weighted Score = 0.88 Raw Score = 2 Weight = 25% Weighted Score = 0.50 Raw Score = 2 Weight = 40% Weighted Score = 0.80 Raw Score = 3 Weight = 35% Weighted Score = 1.05 Raw Score = 3 Weight = 25% Weighted Score = 0.75 Rank (Weighted 25%) 1.0 2.18 2.60 The final ranks for each alternative suggest that California will be more successful with an exchange operating model like the Selective Contractor, which adopts features of managed competition. An exchange that plays an active role in ensuring the coverage options offered are standardized reduces the chances of adverse selection within the exchange. When coupled with the market reforms of the ACA and state legislation leveling the playing field, adverse selection against the exchange will be limited as well. The Standardized Marketplace and the Selective Contractor carry out these key activities. According to Corlette and Volk (2011), some may argue the Open Marketplace is a most 51 effective way to make a variety of coverage choices available to individuals and small employers. However, such a model does not take additional actions to prevent adverse selection inside the exchange, especially in a state like California where there is a large population and many health insurance carriers. This is a disincentive for insurers to offer the high-quality products that may be susceptible to failure in the exchange. The Standardized Marketplace and the Selective Contractor are able to facilitate competition based on price, value, and quality. Product standardization is key to focusing competition and choice on more pertinent features like price and value. It limits insurers’ abilities to design products based on risk selection and gives consumers the tolls to make more rational choices. However, too much standardization, or standardization that makes coverage in the exchange more expensive, creates the potential for adverse selection (Jost, 2010b). Additionally, standardization can limit health insurers’ abilities to innovate and offer different types of coverage to meet a variety of consumer needs. When the exchange acts as a Selective Contractor, it is able to actively negotiate with health insurers on price and quality. This strategy works best in a market with a diverse health insurance market with many carriers (Corlette & Volk, 2011). In addition to competition, the exchange must support rational consumer choice to create an efficient marketplace and drive down costs (Jost, 2010b). While the Open Marketplace could result in an increased availability of coverage for individuals and small employers, this type of exchange would not actively provide consumers with coverage options standardized based on features that support rational choice. Increased 52 use of managed competition, particularly standardization of coverage options, ensures consumers can easily compare price, quality, value, and any other features the exchange decides to highlight in coverage standards. The results of the CAM analysis show the Selective Contractor as the ideal operating model for California’s exchange. The weights assigned to each criterion can be adjusted to give equal or greater significance to the other criteria, depending on the priorities of decision makers. For example, a state’s decision makers might place greater value on ensuring its exchange facilitates competition. As such, the degree to which an operating model alternative is expected to facilitate competition might be weighted at 50%. To gauge whether variation of the assigned weights changes the results, I recalculated the results with different weights and with all the criteria weighted equally. The Selective Contractor operating model was the optimal choice each time. 53 Chapter 5 THE CALIFORNIA HEALTH BENEFIT EXCHANGE Given the discretion granted to states under the ACA and the alternatives discussed above, California moved forward as the first state to enact legislation creating an exchange. Senate Bill (SB) 900 was signed by then-Governor Arnold Schwarzenegger in September 2010 to establish the California Health Benefit Exchange (CHBE) within state government as a new agency to be governed by an executive board, herein after referred to as the CHBE Board. Enacted in conjunction with SB 900, Assembly Bill (AB) 1602 lays out the powers of the CHBE Board as it makes health care coverage available to individuals and small employers. CHBE Governance SB 900 establishes the CHBE as a new government agency. The CHBE Board is made up of five members, including the Secretary of the California Health and Human Services Agency, two members appointed by the Governor, and two members appointed by the Legislature. Members are required to have diverse expertise in areas related to individual and small employer health care coverage, health care finance, purchasing health care coverage, or administration of health care delivery systems. This is likely the best option for California, as the CHBE Board will be entirely focused on creating a fully operational exchange in the coming years. The CHBE Board will have relative flexibility to be expedient in carrying out establishment and planning activities than if the exchange were housed with an existing agency that is already 54 carrying out other functions. There will be no existing responsibilities to distract from this primary goal. California legislation enhances the CHBE Board’s flexibility by granting exemption from civil service rules related to hiring personnel for executive positions. To ensure transparency and accountability, the CHBE Board is subject to California open-meeting laws. There may still be a slight tradeoff in the CHBE’s ability to be flexible and move quickly compared to a non-profit exchange. However, a nonprofit exchange may not have the established relationships with the other state agencies involved in implementing health care reform. Further, given California’s size and large population, it is not efficient to create a multi-regional exchange with neighboring states. Though establishing the CHBE as a new government agency with a five-person executive board will likely satisfy the criteria I used to evaluate the alternatives for exchange governance, there are still challenges to be addressed. The California Health and Human Services Agency (CHHS) was awarded a $1 million Exchange Planning and Establishment Grant to assist with planning efforts for one year. The CHBE Board is also pursuing additional funding of over $40 million in grant funds to support establishment activities as the state moves toward full implementation of the CBHE. The CHBE Board is required to establish a fully operational exchange by 2014, which also includes coordination with other state agencies and streamlining publicly funded health care programs. Given a very short implementation time, the CHBE Board will need to move quickly with implementation efforts and establish the CHBE operating model. The 55 CHBE moves forward with the motto, “2014 is tomorrow.” This illustrates the significant effort that must take place to establish a fully functional exchange in a short time frame. CHBE Operating Model AB 1602 enacts the California Patient Protection and Affordable Care Act that creates the CHBE and lays out the required duties and powers of the governing board. The CHBE Board has moved forward with establishing an exchange to operate as a selective contractor or active purchaser. Based on my findings, an exchange in California will have greater likelihood of success if it acts as a Selective Contractor. The Selective Contractor model ranks only slightly higher than the Standardized Marketplace, indicating that an exchange that uses tools of managed competition can best satisfy the criteria used to evaluate the operating model alternatives. This exchange operating model actively promotes competition based on price and supports rational consumer choice, which will create efficiency in the exchange marketplace. Further, California has experience in operating “active purchaser” exchange-like entities, including the Health Insurance Plan of California (HIPC) in the 1990s for small employers, CalPERS, and the children’s health insurance program (Corlette & Volk, 2011). In addition to activities required by the ACA, AB 1602 requires the CHBE Board to establish minimum standards a health insurer must meet to be eligible to participate in the exchange, and health insurers will competitively bid. The CHBE Board is also required to selectively contract with health insurers that offer the best coverage options 56 based on choice, value, quality, and service. This is in line with Alternative 3, the Selective Contractor Model, or active purchaser. The CHBE should have less chance for adverse selection within the exchange, especially when coupled with market reforms and protections already required by the ACA. The CHBE is permitted to standardize the health insurance products offered through the exchange allowing the exchange to further control variation among products offered. The CHBE is expected to attract a large number of consumers seeking coverage. Approximately 15% of California’s population (5 million people) already obtains health care coverage in the individual and small group markets (California HealthCare Foundation, 2011). Assuming these numbers remain the same over the next three years, 40%, or 2 million, would qualify for cost-sharing subsidies under the ACA. The ACA requires cost-sharing subsidies to be used in exchanges. According to the California HealthCare Foundation’s (2011) snapshot of the individual and small group markets, the exchange pool would be further increased by another 3.4 million who are currently uninsured but will be eligible beginning 2014 for cost-sharing subsidies to purchase coverage in the exchange. Not even including potential small employers seeking coverage, this creates a large pool of people seeking coverage. A large diverse risk pool helps reduce chances of adverse selection. Further, by requiring the CHBE Board to use the competitive bid process and selective contracting, the CHBE actively facilitates competition among health insurers seeking access to a large pool of consumers. 57 AB 1602 requires the CHBE to set standards and criteria for selecting QHPs that meet the best interests of qualified California consumers. The CHBE should be able to provide consumers with a variety of coverage options as it is permitted to standardize coverage options and selectively contract with insurers, and health insurers are required to offer all actuarial levels of coverage. The CHBE will also determine appropriate costsharing provisions for coverage offered and the criteria and process for enrollment and disenrollment. The CHBE will also assist those seeking coverage in a publicly funded program. Acting as a selective contractor and providing consumers with the tools they need to understand coverage options will further drive rational consumer choice. Conclusion The ultimate success of the CHBE and any state’s exchange remains to be seen. The ACA represents unprecedented health care reform on a national level, and California has taken the lead as the first state to establish an exchange under the ACA. Significant challenges remain as the CHBE moves forward. The CHBE must be operational by 2014 leaving a narrow window for planning and implementation. The state must carry out activities to establish an information technology infrastructure to support eligibility determination across programs and enrollment in both CHBE coverage and publicly funded health care coverage. In addition to a short time frame, the CHBE must also plan with many “unknowns” as the DHHS has yet to publicly release official regulations or guidance for exchanges under the ACA (as of July 1, 2011). Other ACA guidance or 58 regulations that will affect the CHBE include those regarding Essential Health Benefits and risk adjustment. Though these challenges remain moving forward, California remains at the forefront of the nation in exchange planning and development under the ACA. Planning, design, and how the CHBE increases availability of affordable coverage options will determine the success of the CHBE. 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