The Oklahoma Insurance Department is sending back more than $1 million in funding to the federal government. The money would have been used to review the state’s health insurance premium regulations. It will never be used for its intended purpose as Insurance Commissioner John Doak asserts that “Oklahomans do not want the federal government making decisions about their health care.” The funds have yet to make their way back to the government – the state is awaiting federal officials to retrieve the money. The money is being returned along with…
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Colorado: Health Insurance Exchange Provision Won Over by Majority
Colorado has been the scene of an intense legislative battle regarding health insurance exchanges. As part of the Affordable Care Act, the provision has enemies among the Republican, most notably in the Tea Party sect. However, the many high ranking members of the Republican Party support exchanges, saying that it will benefit residents of the state more than hurt them. Despite this support, the bill that would make the exchange possible was in peril late Wednesday night. Senate Bill 200 was originally proposed by Amy Stephens, the House Majority Leader.…
Read MoreStates may be on their own for health insurance exchange costs
Health care has been a hot issue for several years now. Since the days when the Affordable Care Act was being championed by the Obama Administration until now, there has been shortage of controversy surrounding health insurance. Now, the House of Representatives Subcommittee on Energy and Commerce has approved a number of bills that is likely to incite backlash from supporters of the health care reform law. One bill in particular targets health insurance exchanges. Health insurance exchanges are one of the provisions of the Affordable Care Act. Their primary…
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