Transparency of underwriting rules lets consumers know if they’re being treated fairly by their insurers. Underwriting rules are the criteria insurance companies use to determine whom to insure, what they will insure, and whether to renew an existing policy.
This funding is part of $250 million for State Rate Review Grants provided by the PPACA to improve the process for how States review proposed health insurance rates.
“With faster processing times and earlier communication, states now have much greater ability to manage their programs in an effective and predictable manner,” said CMS Administrator Seema Verma. “We want to ease bureaucratic requirements for both states and our own staff so that we can focus those resources on improving health outcomes rather than pushing paperwork.”
Today, the Centers for Medicare & Medicaid Services (CMS) introduced much-needed competition and negotiation into the market for physician-administered and other Part B medications that will result in better deals and lower drug costs for patients.
Today, the Centers for Medicare & Medicaid Services (CMS) announced that, for the second year in a row, the average basic premium for a Medicare Part D prescription drug plan in 2019 is projected to decline.
California Insurance Code (CIC) section 1666.5(a) requires the California Department of Insurance (CDI) to collect a social security number if the license applicant or licensee is an individual applying for or renewing an insurance license.
In addition, non-resident insurance producers and adjusters, applicants who were not previously fingerprinted as a condition of obtaining an insurance producer license in their resident state must submit fingerprint impressions for the complete background check stated above.
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