Rockefeller Presses Insurance Commissioners To Buck Insurers On MLR

Senate Commerce Committee Chair Jay Rockefeller (D-WV) urged state insurance commissioners Tuesday to reject insurers’ positions on several controversial issues as they work toward final recommendations on implementing the health reform law’s medical loss ratio provision. Rockefeller repeatedly criticized the industry for having “deluged” the National Association of Insurance Commissioners with comments on the MLR [...]

Observers Say NAIC May Finish Medical Loss Ratio Recommendations By August

A group of state insurance commissioners is inching closer to recommendations on the medical loss ratio — the share of revenues that the health reform law requires insurers to spend on medical care — and some stakeholders believe the group might be able to submit final recommendations to HHS within the next month. Although the [...]