Florida faced with $300 million penalty from federal regulators

January 19, 2013January 19, 2013 Dan

Florida runs afoul of regulators due to health insurance program The State of Florida has run afoul of federal insurance regulators and is facing serious penalties under the federal health care law. The state’s health insurance program for public workers is the subject of the problem. Those responsible for the health insurance program warned that Florida could be liable for penalties, and federal regulators have taken note of the issue. If the Florida Legislature does not take action within the next few months, the state may be forced to brace…

Health insurance must be offered to Florida part-timers or the state will be fined

January 18, 2013April 30, 2013

The Sunshine State must make a number of vital healthcare reform decisions over the next few months. Florida is facing an important string of health insurance decisions over the next few months in order to comply with the requirements of the federal healthcare reforms, including providing coverage to some of its part time state workers or face fines $300 million per year. This could require the state to make sweeping changes to this sector of its industry. The federal law would require the state to pay a stiff penalty if…