The organization representing state insurance commissioners has scheduled a two-day hearing in July in Washington, D.C., to discuss issues resulting from the passage of federal health care reform legislation earlier this year.
While not included in sweeping federal health reform, the head of the Senate’s health committee said “we can and should do more” to protect consumers from unjustified premium increases.
The leadership of the Injured Workers Insurance Fund has indicated its support for a proposal to convert the insurer from a quasi-state agency to a nonprofit mutual insurance company.
As agent groups in Maryland await word of who will be their next insurance commissioner, they are hoping Ralph S. Tyler’s successor mirrors his open communication style.
A U.S. senator is pointing to a $4.9 billion correction in regulatory filings by Aetna as another reason the nation needs “more transparency and accountability in the health insurance industry.”
The head of the Maryland Insurance Administration fraud division is exploring a change to state law giving immunity to those testifying in workers’ compensation fraud cases before the State Workers’ Compensation Commission.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.