Tuesday, April 13, 2010

My Domestic Church Daily Clips 04/14/2010

  • tags: areyousorryyet?

    • The new law doesn't prevent rate hikes such as Anthem Blue Cross' double-digit increase last year. 'It is a very big loophole,' says Sen. Dianne Feinstein, who is pushing regulatory legislation.
    • Although Democrats promised greater consumer protection, the overhaul does not give the federal government broad regulatory power to prevent increases.

      Many state governments -- which traditionally had responsibility for regulating insurance companies -- also do not have such authority. And several that do are now being sued by insurance companies.

      "It is a very big loophole in health reform," Sen. Dianne Feinstein (D-Calif.) said. Feinstein and Rep. Jan Schakowsky (D-Ill.) are pushing legislation to expand federal and state authority to prevent insurance companies from boosting rates excessively.

Posted from Diigo. The rest of my favorite links are here.

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