Phia Group Russo & Minchoff

State Wants To Exempt Health Insurers From 80% Rule

The state’s insurance regulator wants to exempt health insurance companies from the new federal requirement that they spend 80% of premiums on medical care. The Office of the Commissioner of Insurance has asked the federal government for approval to phase in the new regulation over three years for health plans sold to people who buy health insurance on their own.

http://www.jsonline.com/business/state-wants-to-exempt-health-insurers-from-80-rule-132669603.html


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