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The Florida Senate’s version of the direct primary care bill (SB 132) has been approved by the Senate Fiscal Policy committee and will proceed to the full Senate at the discretion of the Rules committee. The bill was amended in committee to add a provision allowing either party to terminate the agreement on 30 days’ […]
The Office of Insurance Regulation has provided the following overview is intended to assist the industry in understanding the PPACA filing process and deadlines, as well as, to provide insight into how the Office will allocate resources to meet federal timeframes. PPACA Filing Deadlines According to the final United States Department of Health & Human […]
Governor Rick Scott has signed SB 1842 pertaining to health insurance into law. The law makes changes to the Florida Insurance Code necessary to allow the state’s regulations to conform to the Patient Protection and Affordable Care Act (PPACA). Among its provisions, the new law will allow the Office of Insurance Regulation to review health […]
Florida Insurance Commissioner Kevin McCarty and other state insurance commissioners recently wrote to U.S. Department of Health and Human Services Secretary Kathleen Sebelius regarding concerns with the medical loss ratio requirements arising from the Patient Protection and Affordable Care Act (PPACA). Under the PPACA, the National Association of Insurance Commissioners (NAIC) must develop uniform definitions […]
The Office of Insurance Regulation recently announced that Florida Insurance Commissioner Kevin McCarty joined regulators from other states in voting to approve the NAIC’s recommended language for the Medical Loss Ratio (MLR) definition under the federal Affordable Care Act. Due to the definition of medical expenses, health insurance agent premiums were not included in the definition of […]
