Busy week, huh?
Guess that's what you get when you throw a bunch of insurance commissioners in a room and tell 'em to figure out what Congress meant when they passed health care reform.
OK, well, maybe I'm exaggerating a little, but it sure doesn't feel like it this morning. The commissioners wrapped their latest meeting with a unanimous vote on what carriers can count as medical costs. This stems, of course, from health reform's mandate that insurers spend at least 85 percent of premiums on medical costs for larger groups – 80 percent for small groups. (Anyone else think maybe this is one of those things we should have figured out before we made this thing law?)
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
