Article by Wiley Long
U.S. Department of Health and Human Services Secretary Kathleen Sebelius has announced that the Affordable Care Act grant will provide ,979,002 to Tennessee to combat unreasonable TN insurance premium increases. Sebelius also released a report called “Rate Review Works” to show how previous rate review grants have helped to mitigate health coverage premium hikes and increase transparency in the health insurance marketplace.
While Sebelius says, “States continue to have the primary responsibility for reviewing insurance rates and these grants give them more resources to hold insurance companies accountable, the grants are just the most recent federal action to increase access to health insurance for Tennessee. Almost 0 million in grant money have been distributed to different states to facilitate health insurance rate reviews.
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Will Tennessee Health Insurance Rate Hikes Be A Thing Of The Past?
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