Idaho legislators are opposing the idea of using federal grants to build a health insurance exchange in the state. Last year, the Department of Health and Human Services rewarded $20.3 million to the state in order to help with the project. Governor C.L. Otter was eager to use the money to push ahead the construction effort and prepare the state for a new health insurance system. Legislators failed to approve a plan that would put the money to use, however, they are now looking to build an exchange without federal…
Read MoreTag: build a health insurance exchange
Nebraska to withdraw from Nonadmitted Insurance Multistate Agreement later this year
The Nebraska Department of Insurance has announced that it will be withdrawing from the Nonadmitted Insurance Multistate Agreement (NIMA). The agreement is designed to allow participant states to allocate funds collected through premium taxes paid by insurance organizations. States participating in NIMA are meant to pool these funds, which can then be accessed by participants for a number of purposes. Nebraska regulators have chosen to opt-out of the agreement because it does not align with the state’s own laws and timetables regarding new federal changes to taxes and health insurance.…
Read More