MinnPost: Guidelines outline spending-disclosure requirements for health insurers

WASHINGTON — Health insurers will be required to make public whether or not they're spending 80 percent or more of premiums on actual health care costs, officials with the Department of Health and Human Services said today.

Not only that, but they'll now be required to show their work, detailing everything from total premiums paid to actual spending on clinical services to the monies spent on quality care and required federal and state fees or taxes.

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Read the rest of MinnPost: Guidelines outline spending-disclosure requirements for health insurers (257 words)

© drew for Al Franken - U.S. Senator, Minnesota, 2010. |
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