One-Pager: Mandates Overview 2022
What is a mandate and why should you care?
Mandates are state-based legislation that require Texas employers and individuals to pay more for their health insurance coverage by forcing insurance companies to:
- Pay higher prices
- Pay for extra benefits and extra regulations abovethe Affordable Care Act
- Contract with more expensive providersThe end result is more expensive health insurance, often with no additional value for Texans and Texas employers
5th highest premium hikes in 2022: After last session, Texans faced 13% increases while national premiums were flat—the result of government mandates and out-of-control prices.
3rd in the nation: Texas has more mandates above the Affordable Care Act than almost any state.
Leading on High-Cost Mandates: Texas has mandates that few or no other states have.
For example, Texas mandates that your formulary can’t be updated if a new, more affordable prescription alternative comes on the market. This increases the cost of prescription drugs.
Just 3 states have this mandate.
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