Calif. Senate OKs Bill To Regulate Stop-Loss Insurance
Patricia McConahay, a spokeswoman for the California Department of Insurance, said the bill addresses concerns that the Affordable Care Act might prompt stop-loss carriers to attract small employers with the healthiest, youngest workers out of the health insurance marketplace.
"This would create adverse selection and lead to increased costs for most small employers," McConahay said Monday. "The bill is intended to...
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