Georgia Plan to Phase Out Obamacare Markets Delayed

A Georgia plan to eliminate the state’s use of the Obamacare insurance market is on hold after the federal government agreed to the Peach State’s request to delay review of the proposal.

The Departments of Health and Human Services and Treasury deemed only the first phase of the state’s plan complete on Thursday and agreed to delay the state’s second, boldest phase.

The first phase proposes a reinsurance program that would start in 2021. A reinsurance program provides payments to insurers to offset the costs of enrollees with big medical claims and enables insurers to lower premiums.

Georgia plans to ...