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:10/13/2017)... ... October 13, 2017 , ... Coveros, a leader in agile ... a contract by the Center for Medicare and Medicaid Services (CMS). The Enterprise ... use of Agile methodologies in a consistent and high value manner across CMS ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... sleep apnea using cutting-edge Oventus O2Vent technology. As many as 18 ... characterized by frequent cessation in breathing. Oral appliances can offer significant relief to ...
(Date:10/12/2017)... ... ... The American College of Medical Informatics (ACMI) will present the 2017 Morris F. ... AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium is taking place ... the field of medical informatics, this prestigious award is presented to an individual whose ...
(Date:10/12/2017)... ... ... HMP , a leader in healthcare events and education, today announced that ... for ‘Best B-to-B Healthcare Website.’ Winners were announced during the Eddie & Ozzie Awards ... recognizes editorial and design excellence across a range of sectors. This year’s program included ...
(Date:10/12/2017)... ... October 12, 2017 , ... Health ... interactive health literacy software tool, and the Cancer Patient Education Network (CPEN), an ... education, today announce a new strategic alliance. , As CPEN’s strategic partner, ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)... 25, 2017  EpiVax, Inc., a leader in ... immune-engineering today announced the launch of EpiVax Oncology ... personalized therapeutic cancer vaccines. EpiVax has provided $500,000 ... to enabling technologies to the new precision immunotherapy ... EpiVax Oncology as Chief Executive Officer. Gad brings ...
(Date:9/19/2017)... ANN ARBOR, Mich. , Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical ... the precise destruction of targeted tissues, announced three leadership team developments today:   ... Josh Stopek, PhD ... ... Veteran medical device executive ...
(Date:9/13/2017)... , Sept. 13, 2017   OrthoAtlanta has ... the Atlanta Football Host Committee (AFHC) for the 2018 College ... Jan. 8, 2018, at Mercedes-Benz Stadium in Atlanta, ... of the AFHC "I,m In" campaign, participating in many activities ... ...
Breaking Medicine Technology: