Introduced on June 4, 2013, Ohio S.B. 140 proposes to make some of the most significant changes to Ohio’s insurance laws since perhaps the Ohio Healthcare Simplification Act (H.B. 125) in 2008. If passed, the bill will impact everything from insurer’s filing and disclosure obligations, reinsurance options, online and other automated transactions, risk management programs … Continue Reading
On October 14, 2010, the National Association of Insurance Commissioners (NAIC) Health Insurance and Managed Care Committee approved model regulations relating to insurer calculation of medical loss ratio (MLR) for health coverages as required under the Patient Protection and Affordable Care Act (PPACA). [UPDATE: On October 21, Executive and Plenary committees of the National Association … Continue Reading