Insurance industry clarity bill signed into law in Mississippi

Mississippi Homeowners Insurance Industry

Mississippi Governor Phil Bryant signs clarity bill into law Mississippi’s Insurance Clarity has been signed into law by Governor Phil Bryant. The bill is meant to ensure more transparency in the insurance industry, forcing companies to provide more information concerning the premiums they collect and the losses they face in doing business. Transparency has become an important issue for the insurance industry, where many consumers have voiced their concerns that insurers do not offer enough information and attempt to hide this information in order to preserve themselves. Insurance industry will…

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Small business health insurance exchange may be coming to Mississippi

Health Insurance Mississippi

Mississippi commissioner has plans for a state-run health insurance exchange Mississippi Insurance Commissioner Mike Chaney has a new plan concerning the state’s health insurance exchange. Chaney was recently involved in a controversial political battle with the state’s Governor regarding compliance with the Affordable Care Act and how the state’s exchange system should be formed and managed. Chaney had initially intended to run the state’s health insurance exchange himself, without the support of Governor Phil Bryant. This plan was rejected by the federal Department of Health and Human Service, but Chaney…

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Affordable Care Act spark dispute in Mississippi

Mississippi Governor Phil Bryant Affordable Care Act

Mississippi officials clash over provision of Affordable Care Act Mississippi is one of the states opposed to the Affordable Care Act. Since the law was passed in 2010, the state has been working to derail health care reform. Now, the state is embroiled in a dispute that has actually slowed the implementation of the law in a significant way, threatening to put the law off its carefully scheduled timeline. Governor Phil Bryant and Insurance Commissioner Mike Chaney are behind the dispute. Governor and Insurance Commissioner not seeing eye-to-eye While both…

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Mississippi challenge to Affordable Care Act dismissed

Health Care Reform

Affordable Care Act challenge dismissed by federal judge After the Affordable Care Act was upheld by the Supreme Court earlier this year, the 26 states opposing the federal health care law continued working to dismantle it while simultaneously complying with its provisions. Mississippi, however, was quick to file a follow up lawsuit challenging the law. This lawsuit managed to make its way to the U.S. District Court for the Southern District of Mississippi, where federal judge Keith Starrett ruled that the challenge was “premature.” Challenge ruled as premature According to…

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