Florida Insurance Commissioner Joins NAIC in Signing Letter Addressed to HHS Secretary Sebelius
As part of the NAIC leadership team, Commissioner Kevin McCarty signed a letter
addressed to Health & Human Services Secretary Kathleen Sebelius dated October 13, 2010. The letter recommends the secretary establish a clear and timely process for consulting with individual insurance commissioners to adjust the medical loss ratio requirements scheduled to be implemented for the individual health markets on January 1, 2011.
The concern is that these medical loss ratio requirements could destabilize the markets and lead to a potential loss of carriers in some states. The NAIC letter signed by Commissioner McCarty and the NAIC leadership team is attached.