In a follow up to last week's story on a gathering of Insurance Commissioners meeting in Seattle to determine what constitutes "medical care," the same media outlet as last time, The Palm Beach Post, has a story entitled, "Patients win first round: Define health care costs with emphasis on care, not profit." The commissioners filled out the guidelines in the form of "blanks," which are documents that insurers must file listing all of their expenses so the government can determine the companies' medical loss ratio. If you recall, the MLR is the portion of money that goes to patient care rather than administrative costs and salaries.
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Wellpoint Allowed to Hike Insurance Rates in California
Earlier this week, The California Department of Insurance announced that it wouldn't stand in the way of Wellpoint raising premiums for its customers. This from an article in The Sacramento Bee entitled, "California won't block individual health care rate hikes". This news paves the way for Anthem Blue Cross as well as their competitor, Blue Shield of California, raise rates around fourteen to eighteen percent on average for most customers.