risk adjustment program News

How Florida Insurers Can Prepare for Claims from a Major Hurricane

After eight hurricanes in two years between 2004 and 2005, we haven’t seen a hurricane in Florida for over 10 years. Has the state learned from those storms? Are the insurance companies ready? What about the independent adjusting companies, do …

Illinois Stepping in to Help Struggling Insurance Co-Op

The state of Illinois has tried an unusual maneuver to save a health insurer with 49,000 Illinois policyholders from possible financial failure by blocking it from paying a $31.8 million bill to the federal government. Illinois Department of Insurance Acting …