Broker Regulation

A GAO report released this week purports to demonstrate that early indicators show that the new medical loss ratio (MLR) standards mandated in the Patient Protection and Affordable Care Act would have worked for most insurers in 2010.

Three prominent senators are demanding that drugmaker Pfizer Inc. produce documents about its deals with insurers to get them to cover its cholesterol blockbuster Lipitor, rather than two generic versions just hitting drugstores.

Dozens of pharmacists and pharmacy students packed into a legislative hearing Wednesday to voice concerns over a cost-saving proposal to change the prescription drug benefit plan for thousands of state and education employees in Oklahoma.

CGI Group Inc. said Thursday it will help build the federal government's health insurance exchanges as part of a contract with Medicare worth up to $93.7 million.

Idaho received a $20.4 million federal grant for an insurance exchange required by the federal health care overhaul, setting up a fight in the upcoming 2012 Legislature over whether the state should keep the money.

Nebraska should not wait for the U.S. Supreme Court to rule on the Obama administration's health care overhaul before it prepares a state-based insurance exchange, a leading hospital advocate said Wednesday.