Fla. Insurer Says It Must Restructure For ACA Landscape

Law360, Miami (July 25, 2013, 9:46 PM EDT) -- Executives at Florida Blue, the state's largest health insurer, told state health insurance regulators Thursday that a proposed plan to reorganize as a stock insurer under an umbrella mutual holding company would allow it to adapt better to implementation of the federal health care legislation.

In a meeting in Miami before the state's insurance commission, Florida Blue asked for permission to create a nonprofit mutual holding company that would own a for-profit insurance unit as well as other subsidiaries through which it could offer other services....
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.