Jan
23
Some Small Insurers Concerned About Increased Scrutiny From HHS.
ByThe Chicago Tribune (1/21/12) reports, “A week after the Obama administration slapped Lake Forest-based Trustmark Life Insurance Co. for what it called an ‘excessive’ rate increase, small insurers like United Security fear they may be the next in line for a public shaming.” Some “critics say the administration’s stepped-up reviews and heightened scrutiny are more about showcasing the value of the new health law in the run-up to the 2012 elections, a charge the Department of Health and Human Services denies.” Meanwhile, “some small insurers and industry observers also complain that the added scrutiny could be harmful for small and midsize carriers.” The piece cites HHS Secretary Kathleen Sebelius’ press release regarding Trustmark.
Feb / 22 / 2012
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