Word: praeger
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Dates: during 2010-2019
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...Anthem Blue Cross story in California is far from unique. According to the Associated Press, Maine, Oregon and Kansas are among states where consumers buying individual policies on the open market may see double-digit rate increases in 2010. Sandy Praeger, the Kansas insurance commissioner and head of the managed-care committee of the National Association of Insurance Commissioners, said she agrees with others that Anthem Blue Cross is probably operating within the law in proposing its California rate hikes. "I thought the explanation made perfect sense," says Praeger. "In this job climate, if people are young and healthy, they...
...What's the alternative? The Federal Government could enforce the new national rules, but this would require creating a sizable new regulatory bureaucracy, even though one already exists at the state level. The states don't want that to happen. If the federal bureaucrats assumed regulatory control, says Sandy Praeger, Kansas' insurance commissioner and chair of the health insurance and managed care committee of the National Association of Insurance Commissioners, "we'd just be left to mop up the mess. We wouldn't have any authority, but we'd just deal with all the consumer complaints. That...