States Oppose Letting Health Plans Follow Federal Benchmarks

Law360, New York (January 4, 2013, 5:08 PM EST) -- Several states are sharply criticizing a proposal to let multistate policies on health insurance exchanges offer benefits that match up with benchmark plans approved by the federal government, as opposed to benchmarks selected by states, saying it undermines the independence Washington promised.

The complaints take issue with an Office of Personnel Management proposal that seeks to make it simpler for insurers to meet essential benefits standards for multistate plans, which are intended to ensure competition by operating in all insurance markets.

Under the proposal, multistate plans...
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.