In­sur­ers, HHS call for trans­parency over pre­mi­ums

Modern Healthcare - - Late News -

Ex­ec­u­tives from five ma­jor health in­sur­ers met with HHS Sec­re­tary Kath­leen Se­be­lius, Pres­i­dent Barack Obama and four state in­sur­ance com­mis­sion of­fi­cials at the White House over re­cent dou­bledigit pre­mium in­creases, and said they agreed more trans­parency is needed over pre­mi­ums. Se­be­lius asked the ex­ec­u­tives to post pro­posed rate in­creases and ac­tu­ar­ial data sup­port­ing them on­line. “At the very least, we need some trans­parency,” Se­be­lius said af­ter the meet­ing, ac­cord­ing to the As­so­ci­ated Press. At a news con­fer­ence, An­gela Braly, pres­i­dent and CEO of Wel­lPoint, said the is­sue of trans­parency is “a par­tic­u­larly constructive place to start.” While no agree­ment on post­ing rate re­quests on­line was reached, Stephen Hem­s­ley, pres­i­dent and CEO of Unit­edHealth Group, said at the con­fer­ence, “I do ex­pect there will be some fol­low-up from the sec­re­tary.”

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