Fla. seeks MLR waiver; hospitals struggle
From: News-Medical.net
CQ HealthBeat: Florida Petitions HHS For Medical Payout Rule Exception
Florida is the fifth state — and by far the most populous — to file a petition asking for an adjustment to federal medical loss ratio rules for individual health insurance, saying that there is a “reasonable likelihood” that the new rules would disrupt the state’s insurance market. Delaying the rule until full implementation of the health care law in 2014 “will allow insurers to prepare for a smooth glide to the new realities of 2014 rather than falling off a cliff and hobbling there on crutches,” says a petition filed by the Florida Office of Insurance Regulation (Norman, 3/14).