Some insurance regulators want to tighten the state laws and regulations that apply to health insurance products other than major medical products.
The regulators hope to update the standards that apply to critical illness insurance, hospital indemnity insurance, short-term medical insurance, dental insurance, vision plans and other products that fall outside the scope of most or all of the Patient Protection and Affordable Care Act major medical coverage rules.
Members of the Regulatory Framework Task Force, part of the Health Insurance and Managed Care Committee at the National Association of Insurance Commissioners, agreed this weekend that updating NAIC "gap filler" product models should be a top priority.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
