Tuesday, February 14, 2012

Ohio- Health Insurance Exchange Rules at Issue

Ohio Lieutenant Governor and Department of Insurance director Mary Taylor submitted comments on proposed health insurance exchange rules issued by the federal government this past summer.

The proposed rules, released by the US Department of Health and Human Services (HHS), laid out the federal government's interpretation of how States must operate health insurance exchanges, should they choose to do so, starting in 2014.

"States need flexibility to do what is best for their citizens," Taylor explained. "For that reason, I am urging the federal government to consider significant changes to their proposed rules."

In her comments, Taylor responded to several HHS proposals by reiterating the Ohio Department of Insurance has been a strong regulatory agency on behalf of Ohio businesses and consumers for years. Therefore, State departments of insurance should have the right to work with their businesses, consumers, and insurance carriers to implement something that meets their specific needs. Further, the comments argue States should have the right to make adjustments to their insurance exchanges without seeking federal approval each and every time they wish to do so.


Hat tip: Insurance News/ Toledo Business Journal

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