RAND study findings stand in stark contrast to the widely publicized predictions of Florida Insurance Commissioner Kevin McCarty that the individual market would see rate increases of 30 to 40 percent for next year.
florida insurance
Some 600,000 Floridians Getting Rebates from Insurers Not Complying With Health Care Law
Because insurers are overspending on profits and administration instead of medical care, the amount that must be refunded in this state by Aug. 1 tops $54 million. That’s only half of what insurers had to pay in rebates to Floridians last year. Nationally, insurers are refunding $504 million.
Registering Your Car Will Cost $12 Less as Lawmakers Plan End to Insurers’ Tax Credit
The Senate Appropriations Committee unanimously approved a bill Thursday lowering motor vehicle fees in exchange for repealing an insurance tax credit, turning aside protests from the insurance industry that the measure would hurt a thriving business.
Florida’s Broke, But It’s Refusing a $1 Million Health Insurance Oversight Grant Anyway
Insurance Commissioner Kevin McCarty forfeit a $1 million federal grant that was supposed to go toward beefing up oversight of health-insurance rates.