Navigation Links
Blue Cross Blue Shield of Michigan Calls for Attorney General to Support Stronger Regulation of Commercial Insurers; Protections for Consumers; and Financially Stable Insurance Market
Date:11/18/2008

DETROIT, Nov. 18 /PRNewswire/ -- Blue Cross Blue Shield of Michigan is asking Attorney General Mike Cox to stand behind stronger, new consumer-friendly regulations of commercial health insurance carriers that are included in a compromise on health insurance reform made public this week by the chair of a bipartisan conference committee of the Michigan House and Senate.

"The Attorney General's office has a vested interest in ensuring that all Michigan consumers are protected in the marketplace. This includes people who seek health coverage from for-profit insurance carriers," said Andrew Hetzel, BCBSM vice president of corporate communications. "Blue Cross is inviting Attorney General Cox to stand with us in supporting stronger regulation of for-profit insurance companies in Michigan, and ending some of their most anti-consumer practices."

Here are just some of the consumer-friendly elements of the draft compromise:

    -- It prohibits insurers from jacking up rates because of a change in
       medical status.
    -- It protects women by prohibiting gender-setting of premiums.
    -- It financially discourages insurers from rejecting applicants.
    -- It reduces the waiting period for pre-existing conditions from 12
       months to six.
    -- It prohibits insurers from taking more than 10 percent profit on senior
       products.
    -- It continues the Attorney General's authority to challenge Blue Cross
       rate filings.
    -- It empowers the Insurance Commissioner to order refunds for price
       gouging.
    -- It preserves Blue Cross community rating and its "insurer of last
       resort" status.

"We hope Michigan's leading consumer advocate will join Michigan's leading health insurance company and lawmakers from both political parties to support stronger regulation and consumer protection in the individual health insurance market this year," Hetzel said.

Blue Cross Blue Shield of Michigan is nonprofit and an independent licensee of the Blue Cross and Blue Shield Association.


'/>"/>
SOURCE Blue Cross Blue Shield of Michigan
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Capital BlueCross Receives Prestigious Corporation of the Year Award
2. Anthem Blue Cross and Blue Shield in Connecticut Ranks in Top 10 of Insurers Nationwide on U.S. News & World Report/National Committee for Quality Assurance Americas Best Health Plans List
3. Anthem Blue Cross and Blue Shield Introduces International Medical Tourism Pilot Program
4. Anthem Blue Cross and Blue Shield Foundation Awards $100,000 Grant to Shoreline Greenway Trail
5. Anthem Blue Cross and Blue Shield in Maine Among Top Insurers on U.S. News & World Report/National Committee for Quality Assurance Americas Best Health Plans List
6. Independence Blue Cross Celebrates 70 Years Of Service In Southeastern Pennsylvania
7. American Lung Association of Nevada Receives $150,000 Grant from Anthem Blue Cross and Blue Shield Foundation to Help Nevadas Youth Stay Smoke-Free
8. Two Men Complete First-Ever Walk Across the Country for Autism
9. American Red Cross of Greater Los Angeles Named Outstanding Volunteer Organization
10. Anthem Blue Cross and Blue Shield in Maine Ranks in Top 6% of all insurers on U.S. News & World Report/National Committee for Quality Assurance Best Health Plans List
11. Capital BlueCross Sponsors Healthy Community Pharmacys Move to New Community-Focused Location in York
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... ... ... Spine Team Texas, a comprehensive spine physician group specializing in the treatment of ... invited to be a featured speaker at the Texas Society of the American College ... , Dr. R. Scott McPherson, a physical medicine and rehabilitation specialist, will speak ...
(Date:4/29/2016)... Missouri (PRWEB) , ... April 29, 2016 , ... ... crutches which put pressure on the armpits, the M+D Crutch evenly distributes body weight ... on their wrists and hands when using the crutches than with other crutches. , ...
(Date:4/29/2016)... ... April 29, 2016 , ... The Gluten-Free Certification ... pleased to announce the launch of the GFCP Scoop in response ... The purpose of the GFCP Scoop site is to keep the ...
(Date:4/29/2016)... ... , ... Dr. Robert Mondavi, one of the dentists in Torrance , ... fast-growing field as more patients are discovering the many different ways they can change ... currently available to them and which ones might work for their smiles. , ...
(Date:4/29/2016)... ... 29, 2016 , ... Reltok Nasal Products proudly announces that Boston Medical Products, ... nose and throat specialty, has added the KOTLER NASAL AIRWAY™ to its diverse product ... a newly patented safety device secured by nasal surgeons onto the floor of the ...
Breaking Medicine News(10 mins):
(Date:4/27/2016)... New York , April 27, 2016 ... market report titled, "Skincare Devices Market - Global Industry ... 2023." According to the report, the global skincare devices ... and is anticipated to expand at a CAGR of ... Mn in 2023. Browse the full Skincare Devices ...
(Date:4/27/2016)...  Bayer Animal Health today announced that ... of Florida College of Veterinary Medicine, is the ... Award (BECA). Brittany was selected from entries representing ... of $70,000 in scholarship funds through the 2016 ... provided a total of $232,500 in scholarship awards ...
(Date:4/27/2016)... YORK , April 27, 2016 ... OASM ), a developer of a new generation ... announced positive overall survival results for Paclical/Apealea in ... of 789 patients with epithelial ovarian cancer. These ... groups: Paclical/Apealea in combination with carboplatin versus Taxol ...
Breaking Medicine Technology: