The nation awaits for the Supreme Court to issue a ruling on King v Burwell. If the Affordable Care Act’s health insurance subsidies are invalid in North Carolina along with the other 35 federal exchange states, customers will be exposed to the full cost of the law’s health plans. To mitigate market disruption, it would be wise for Congress to exempt federal exchange ACA policyholders and insurers from the following regulations:

  • The 3:1 age rating ratio that benefits the old at the expense of the young.
  • The 10 essential benefits that must be sold in every health plan
  • Actuarial value restrictions 

According to the Heritage Foundation, gutting these expensive regulations could pull down average premiums by as much as 44 percent for some. State lawmakers could then revisit how the state’s insurance market operated prior to the law’s passage and allow for insurers to compete for customers by offering a variety of affordable plans that actually cater to individuals’ medical needs.

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