NC Gets Health Insurance Waiver While Wis. Misses Bar

Law360, New York (February 17, 2012, 7:50 PM EST) -- Making its final two decisions on waiver requests from states looking to escape the provisions of the health care reform law's medical loss ratio restricting insurance spending, the Obama administration denied Wisconsin while giving North Carolina the green light Thursday.

The states are among 17 to ask for exemption from the Patient Protection and Affordable Care Act provision requiring insurance companies to spend at least 80 percent of premiums on direct medical care. North Carolina became the seventh of those states to receive modified approval, with...
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