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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