insurance commissioner monica lindeen Archives

Health insurance rates set to rise in Montana

October 19, 2015October 18, 2015 S.Vagus

Trumpcare health insurance investigation

Insurance premiums for Montana residents expected to rise as much as 34% for 2016 coverage Montana residents can expect to see their health insurance premiums rise in 2016. Insurance Commissioner Monica Lindeen has announced that rates will increase between 22% and 34% in 2016, affecting as many as 41,000 people living in the state. The rate increases will not affect those that receive employer-sponsored health insurance coverage or those that receive coverage through HealthCare.gov and receive federal subsidies for these policies. Those in the private market, however, may experiencing a…

Health insurance issues place regulators in a difficult position

November 26, 2013November 25, 2013 Logan B.

Health insurance regulations continue to cause problems Insurance Commissioners throughout the U.S. have been placed in a difficult situation. Earlier this month, President Obama announced that insurance companies could continue to honor substandard health insurance policies rather than cancelling these policies because they do not comply with the standards of the Affordable Care Act. This is meant to create a transition period wherein consumers can have a reprieve from cancellations and insurers can better prepare to comply with federal law. The problem, however, is that many Insurance Commissioners have been…

Montana releases estimates concerning costs of health insurance exchange policies

August 22, 2013August 20, 2013 Nordstrom

State provides estimates concerning cost of health insurance policies sold through exchange Montana has become the latest state in which estimates concerning the rates for policies sold through the state’s health insurance exchange have been released. The state’s Office of the Commissioner of Securities and Insurance has released these estimates in order to give state residents a glimpse at what they could be paying for coverage purchased through the federally-operated insurance exchange. The exchange is meant to provide Montana residents with access to affordable health insurance coverage and is a…

Health insurance landscape shifts in Montana

July 5, 2013July 3, 2013 Marc

Montana sees major transition in health insurance sector Montana has taken a major step in the field of health insurance. The state’s Insurance Commissioner, Monica Lindeen, has granted her approval for the sale of Blue Cross of Montana, the state’s largest private health insurance provider. Blue Cross of Montana is being sold to the Health Care Service Corp., which is based in Chicago, Illinois. The sale comes with numerous conditions, however, which are meant to benefit state residents to some degree. Sale of Blue Cross of Montana has been approved…