Wisconsin insurance regulators seek 80 percent rule exemption

Insurance regulators for the state of Wisconsin have expressed their worry over the impact of a new federal rule, which may make it impossible for some health insurance companies from being capable of providing coverage to individuals who purchase their own health coverage as opposed to receiving it through their employers. In Wisconsin, the insurance commissioner’s office has made a request to federal officials to gradually ease into their new rule, which would necessitate that health insurance companies spend at least 80 percent of the premiums they collect on actual…

Read More