NAIC’s President’s Award Renamed to Honor South Carolina Insurance Director Ray Farmer

During the National Association of Insurance Commissioners’ (NAIC) opening session to its 233rd National Meeting, NAIC President and Commissioner of Florida’s Department of Insurance, David Altmaier, recognized South Carolina Department of Insurance Director, and NAIC Immediate Past President, Ray Farmer, with the NAIC President’s Award for Distinguished NAIC Leadership (President’s Award). The President’s Award is […]

Consumer Alert: COVID-19 Vaccinations Should Be Provided at No Cost to the Consumer

The South Carolina Department of Insurance (SCDOI) would like to remind consumers that you should not be charged for a COVID-19 vaccine or for the vaccine’s administration, regardless of health insurance status. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides funding for the vaccine itself. It also requires most1 health insurance companies to […]

SCDOI: Consumer Fraud Alert

The South Carolina Department of Insurance (SCDOI) is urging South Carolina citizens to not share their personal information with telemarketers. The SCDOI has recently received reports of organizations attempting to obtain personal information by masquerading as licensed insurance professionals selling final expense coverage or burial insurance. Senior citizens are among those being targeted by these […]

Federal judge upholds a Trump short-term health insurance alternative to ACA

“A federal judge is upholding the Trump administration’s expansion of cheaper short-term health insurance plans as an alternative to the Affordable Care Act’s costlier comprehensive insurance” https://www.businessinsider.com/judge-upholds-a-trump-health-insurance-alternative-to-obamacare-2019-7
Posted in Uncategorized

Pharmacy industry just keeps winning

“The industry has managed to dilute, deflect or defeat almost every legislative, regulatory or judicial effort to rein in its influence in Washington, D.C., and the country at large” https://www.managedcaremag.com/dailynews/20190716/pharma-industry-just-keeps-winning
Posted in Uncategorized

Rising health insurance deductibles fuel middle-class anger and resentment

“Health insurance — never a standard protection in the U.S. as it is in other wealthy countries — has long divided Americans, providing generous benefits to some and slim-to-no protections to others.  But a steep run-up in deductibles, which have more than tripled in the last decade, has worsened inequality, fueling anger and resentment and adding to the […]
Posted in Uncategorized

Unsubsidized household ACA premiums top $1,400 per month

“Meanwhile, deductibles for families and individuals dropped by more than 6%” https://www.healthleadersmedia.com/finance/unsubsidized-household-aca-premiums-top-1400-month
Posted in Uncategorized

Public Option kills private insurance

“Government insurance options mainly erode, or ‘crowd out,’ private insurance, rather than provide coverage to the uninsured.  When government insurance expands, six people go off private insurance for every 10 people who go on public insurance” https://www.wsj.com/articles/public-option-kills-private-insurance-11563309118
Posted in Uncategorized

How to get a cheaper prescription before leaving the doctor’s office

“Consumers abandon hundreds of thousands of prescriptions each year at the pharmacy, often because of high prices, jeopardizing their health and often leading to higher costs down the road”
Posted in Uncategorized

CMS proposes to relax Medicaid patient care access measures

“The rule could leave states to develop their own network adequacy and patient care access standards in Medicaid” https://patientengagementhit.com/news/cms-proposes-to-relax-medicaid-patient-care-access-measures
Posted in Uncategorized