Ritter Insurance Marketing, Craig Ritter

Daily Archives: Monday, December 27, 2010

New Health Care Reform Provisions Going into Effect on January 1st

Posted by & filed under All, News.

There are a number of provisions from the PPACA law (Health Care Reform) that will go into effect on January 1st:

  • Mandated Minimum Loss Ratios – Insurance companies will need to prove that they spend at least 80% of premiums (for Individual Health and Small Group Health Insurance) on “activities that improve care”.  NAIC…

Medigap Policies Exempted from Proposed Rate Review Rulemaking by Health and Human Services (HHS)

Posted by & filed under All, CMS, Medicare, Medicare Supplement, News, States.

In my prior blog post, I linked to HHS’ Proposed Rule-making on Individual and Small Group Health Insurance Rate reviews.  HHS has excluded Medicare Supplement (or Medigap) policies from this regulation.  HHS has said that it intends to look at rate increases on Medicare Supplement policies in the future, but for now, the…

Health and Human Services (HHS) Issues Proposed Rule on Excessive Rate Increases for Individual Health and Small Group Health Insurance

Posted by & filed under All, Individual Major Med, News.

This past Thursday, HHS issued its proposed Rule on Excessive Rate increases which would mandate states to review any increases on Individual and Small Group Health Insurance which exceed 10%.  This rule specifically excludes the large group market and is not final.  There will be a comment period before HHS promulgates the final…


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