Wind down the private health insurers

Years 1–5 · State insurance commissioners; NAIC; UHADiscuss this step

Insurer statutory reserves and guaranty associations

amendedYears 1–5Private sector

Today

States require insurers to hold reserves; guaranty funds protect policyholders if insurers fail.

Under the plan

Reserves are released only after run-off claims are certified paid; guaranty associations backstop any failure during wind-down.

Trade-off

Protects pending claims; delays shareholders' access to released capital.