Kansas health insurance regulators begin reviewing rate increase proposals

Health-Insurance

Kansas Health insurance officials to comply with federal law Kansas insurance regulators have begun reviewing rate increase proposals coming from the state’s insurance companies that are 10% or higher. This is a new practice from state regulators, who had traditionally only reviewed rate proposals that exceeded 12%. The change comes due to requirements imposed by the federal government through the establishment of the Affordable Care Act. According to the health care law, insurance regulators in each state are required to review rate increase proposals that seek to raise rates on…

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Washington Internet business runs afoul of Kansas insurance regulators who claim the site was misrepresenting the state

The Kansas Department of Insurance has ordered an Internet business based in Washington to discontinue its references to the state’s currently non-existent health insurance exchange. The business – My HIX Insurance Exchange – claimed to sell insurance policies through the insurance exchange of Kansas. Insurance Commissioner Sandy Praeger has issued the cease and desist order, demanding that the site’s manager to remove all references of the exchange from the site. Commissioner Praeger fears that this misrepresentation may have done significant harm to the state’s already dubious plans to pursue and exchange.…

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Two new Kansas car insurance bills become law

Two new bills have been signed into law in Kansas that will make changes to the state’s auto insurance regulations. The first imposes a strict limit of the recovery rights of uninsured motorists. The second prohibits cities from levying charges against drivers and their insurers for any emergency response services required after an accident. The bills were signed into law by Governor Sam Brownback, a supporter who believes they will benefit both insurers and residents. The first law, passed late last week, is referred to as “no pay, no play”…

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