The funding will offer new opportunities for state regulators to design strategies around protecting consumers on government insurance exchanges. The $22 million is part of $250 million in state review grants CMS will give regulators to improve how they review insurers’ premium rate increase proposals.
“These additional grants will continue our partnership with state departments of insurance to help support their efforts to ensure their laws, regulations and procedures are in line with federal requirements and that states are able to effectively oversee and enforce these provisions under the ACA that provide important consumer protections,” Kevin Counihan, CEO of the Health Marketplace, said in a prepared statement.
More articles on payer issues:
Harken Health to enter Florida’s 2017 marketplace, offer no co-pays for primary care
Calif. insurance commissioner implores feds to block $54B Anthem-Cigna merger
Insurers in the news: June 9-16
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