Public Option definition
Examples of Public Option in a sentence
Public Option health plans must follow the naming convention under Section V.B.1.b of these instructions below.
Standardized health plans and Public Option health plans should refer to Section V of these instructions below.
See Form Filings Speed-to-Market Guide Section IX – Expediting Review of 2023 Individual and Small Group Non-Grandfathered Health Plan, Individual Standardized Health Plan, Individual Public Option Health Plan, and Pediatric Stand-Alone Dental Plan Filings By All Carriers.
You must populate this field with “Exchange Only”, “Outside Market Only”, or “Exchange and Outside Market.” Standardized and Public Option health plans (Cascade and Cascade Select) may only be marketed through the Exchange.
Public Option Plan – A qualified health plan procured by the Health Care Authority and offered on the Health Benefit Exchange as described in RCW 41.05.410 that meets the standard plan design and additional affordability and quality metrics included in Exhibit A.
Contractor’s Response to HCA’s RFA 2020HCA1 for Public Option Plan(s) on the individual market provided through Washington Healthplanfider and is Exhibit B hereto.
COnsideration Senate Bill 5526 requires HCA, in partnership with HBE and the OIC, to implement Cascade Care and contract with carriers to provide Public Option Plans on the Exchange.
Contractor has successfully passed HCA, HBE and OIC's respective reviews and is awarded the opportunity to offer a Public Option Plan(s) on the Exchange.
The state of Washington, acting by and through the Health Care Authority (HCA), issued a Request for Applications (RFA) dated February 27, 2020, (Exhibit A) for the purpose of obtaining Standard Public Option health plans (“Public Option Plans”) on the individual market provided through the Washington Healthplanfinder (“the Exchange”) in accordance with its authority under chapters 39.26 and 41.05 RCW.
HCA awards to [Contractor Name] this Contract, the terms and conditions of which will govern Contractor’s providing to HCA the Public Option Plan(s) on the individual market.