Future of health insurance carriers under reform?
Friday June 11, 2010
Massachusetts is the model
Massachusetts Officials Say They Asked To Oversee Three Health Insurers.
The Boston Globe (6/11, Weisman) reports that Massachusetts "officials said they sent letters to three health insurers earlier this year asking them to accept more intense oversight and supply additional data because of concerns about their financial health." While "one of the insurance companies has agreed to administrative oversight...regulators are negotiating details with the other two, the officials said." According to the Globe, "officials said the heightened concern is related to the fragile economy, which caused several major insurers to lose money in 2009." The Boston Herald (6/11, McConville) also covers the story.
See the following: http://www.boston.com/business/healthcare/articles/2010/06/11/state_asks_to_oversee_3_insurers/
