HHS Rejects Florida's Second MLR Waiver Attempt
Posted on January 20th, 2012 by Avram Goldstein in News Clips|
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The Department of Health and Human Services has rejected the State of Florida's second attempt to be exempted from the medical loss ratio requirements of the Affordable Care Act.
In a letter to the Florida Office of Insurance Regulation, HHS was in agreement with a letter HCAN sent in protest of Florida's exemption earlier this week. According to HHS, the Florida Office of Insurance Regulation did not demonstrate that MLR requirement would lead to decreased consumer access to brokers or insurers in the Florida market.
The rejection by HHS of Florida's exemption will put $145 million in health insurance rebates back into the pockets of Floridians. This second attempt to deny consumers rebates is a politically motivated ploy by extremist Florida Governor Rick Scott, a former health care executive who made a fortune running a company that conducted a massive fraud on Medicare and Medicaid programs.
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