GOP Bill Seeks To Reduce Rebates By Health Insurers

Law360, New York (September 11, 2012, 7:35 PM EDT) -- House Republicans advanced legislation Tuesday that would reduce insurers’ odds under health reform of having to issue rebates by giving states more authority to say how much companies must spend on medical care and preventing commissions paid to brokers from being counted as administrative expenses.

The bill, which moved from subcommittee on a largely party-line voice vote, would require U.S. Health and Human Services to let states reach their own conclusions about whether there’s justification for a waiver from the so-called medical loss ratio. In addition,...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.