New legislation in Pennsylvania could give the state’s Insurance Commissioner new power

Pennsylvania’s Insurance Commissioner may soon be getting more authority to influence the terms of health insurance policies as a new bill gains approval from the state’s Senate Banking and Insurance Committee. The bill would allow the commissioner to extend terms of contracts formed between Highmark Inc., one of the state’s largest insurance companies, and UPMC, a health care provider. The Commissioner would also gain the power to affect policies coming from Highmark, requiring the insurer to make changes if necessary. Both Highmark and UPMC have been unable to reach an…

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