Posts tagged: Idaho Department of Insurance
Here's a news item from the Associated Press: BOISE, Idaho (AP) — Idaho will let insurance carriers reinstate coverage for thousands of people who were due to have policies canceled under President Barack Obama's health care overhaul. Gov. C.L. “Butch” Otter said Tuesday he's asked insurance carriers to consider reinstating coverage for individuals and small businesses. But Otter said he won't require it because he's “not going to tell them how to run their business.” Amid criticism last month over canceled policies, President Obama said he'd allow insurance companies to keep selling old plans to people for another year — even if the coverage didn't meet requirements of his 2010 health law. Across the nation, states are coming to different conclusions about whether to follow Obama's lead. For instance, in Washington, regulators declined to allow policies to be renewed for another year.
Click below for Otter's full announcement, in which he says, “If they can see their way clear, I hope they’ll consider reinstating those policies.” Blue Cross of Idaho immediately announced that it will allow its individual and small-group customers that option.
Idaho's state Department of Insurance says no decision will come before December on whether Idaho will allow residents to keep existing insurance policies had initially been due for cancellation under President Obama's health care overhaul, the AP reports. Details on how health insurance companies would calculate rates for extended plans still aren't clear, the department said. Last Thursday, Obama said he'd allow insurance companies to keep selling these existing plans for another year, even if they do not meet certain Affordable Care Act criteria for coverage; the move followed criticism that he'd promised nobody would be forced out of their existing policy under the 2010 overhaul. But the decision requires state approval. Idaho is among numerous states still considering whether to follow Obama's lead.
Idaho Statesman reporter Cynthia Sewell reports today that four former investigators for the Idaho Department of Insurance have filed a federal lawsuit, claiming they were fired or forced out of their jobs for pursuing - and alerting federal authorities to - a fraud investigation into an eastern Idaho insurance company. The investigation led to a joint federal-state raid, involving the state department, the FBI and the Internal Revenue Service, on the company's offices and homes in Idaho Falls and Rexburg on Oct. 19. You can read Sewell's full report here.
Idahoans who’ve been unable to obtain health insurance because of a pre-existing health condition have a new plan available to them, according to the Idaho Department of Insurance. They can now purchase coverage “comparable to that of a healthy individual,” said state Insurance Director Bill Deal, through the new Pre-Existing Condition Insurance Plan administered by the U.S. Department of Health & Human Services. Idaho is one of 21 states opting to have HHS administer the plan; Montana, Washington, Oregon and Utah are among those running their own plans; the new plans are part of the national health care reforms approved by Congress. You can read the full Department of Insurance announcement here.