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March 11, 2010
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Issues
Actuaries: Oversight of Health Insurance Premiums Requires Strong Actuarial Representation PDF Print E-mail
Issues
Written by Cyber InsuranceNews   
Monday, March 08 2010
If health care reform includes oversight of health insurance premiums, then that oversight must be based on actuarial principles, says the American Academy of Actuaries, a 16,000-member organization.  
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NFIP Refunded, but Program Needs Long-Term Extension, Says PCI PDF Print E-mail
Issues
Written by Cyber InsuranceNews   
Monday, March 08 2010
After allowing expiration of the National Flood Insurance Program (NFIP) on February 28, the U.S. Senate passed legislation on March 2 that includes another short-term extension of the program.

Extension of the program had been held up when Sen. Jim Bunning (R-KY) stalled voting on the spending bill from the House (H.R. 4691) in which funding for the NFIP and other expiring federal programs had been included.
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BCBSA Finds Problems with Obama’s Health Care Reform Proposals PDF Print E-mail
Issues
Written by Cyber InsuranceNews   
Monday, March 01 2010
The Blue Cross and Blue Shield Association (BCBSA) agrees with President Obama on a few health care reform goals: reigning in costs, improving quality, and expanding coverage to everyone.

But as to the best methods of achieving those goals, the BCBSA parts ways with the president, as it explains in a recent statement it issued regarding the president’s health care reform proposal.
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Medicaid Enrollment Surges in 2009 PDF Print E-mail
Issues
Written by Cyber InsuranceNews   
Monday, March 01 2010
Here’s a trusty indicator of the state of the U.S. economy: Medicaid has never been so popular.

In June 2009, nearly 3.3 million more people were enrolled in state Medicaid programs  compared with June 2008, according to a new analysis by the Kaiser Family Foundation’s Commission on Medicaid and the Uninsured.
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PCI to Lawmakers: “Don’t Use Asset Size as Primary Measure of Systemic Risk” PDF Print E-mail
Issues
Written by Cyber InsuranceNews   
Monday, March 01 2010
The Property Casualty Insurers Association of America (PCI) has a message for lawmakers: don’t use the asset size of a financial institution as the primary measure of systemic risk.

And on a related note, PCI wants to remind lawmakers that property and casualty insurers were not the cause of the financial meltdown of 2008.
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