GOP Senators Blast US Agencies On Stop-Loss Insurance

Law360, New York (June 19, 2012, 1:24 PM EDT) -- Federal regulators on Friday found themselves accused of exploring restrictions on the purchase of stop-loss insurance by small and medium-size businesses, with three Republican senators suggesting such a move would overstep executive powers.

The charge comes in response to regulators' concerns that employers might skirt regulations by self-insuring and shielding themselves from large bills with stop-loss insurance, which is exempt from some elements of the Patient Protection and Affordable Care Act.

Last month, the U.S. Department of Health and Human Services, Department of Labor and Department...
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