Steve Larsen News
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China broke global commerce rules by imposing anti-dumping and anti-subsidy duties on more than $200 million of U.S. steel products, the World Trade Organization said in a ruling June 15.
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Steve Larsen, the government administrator directing enactment of U.S. insurance regulations created by the 2010 health-care overhaul, said he is leaving to take a job with UnitedHealth Group Inc.
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Health insurers in Kansas and Oklahoma can’t take more than 20 percent of the revenue they collect in premiums for overhead and profit, after the U.S. today denied requests from the states for more generous limits.
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Eight U.S. companies that earned more than $10 billion last year, led by AT&T Inc. , were among recipients of a government program that paid $1.8 billion toward elderly retirees’ health-care costs, a report shows.
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The U.S. is offering $600,000 to states that make it harder for health insurers to raise premiums, federal regulators said.
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Four health insurers led by Cigna Corp. have asked the Obama administration to exempt medical plans they sell to Americans overseas from the 2010 health law, saying a denial may imperil about 1,100 U.S. jobs.
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Florida health insurers won’t get a waiver from new rules that limit their administrative costs and profits, said Steve Larsen, director of the U.S. Center for Consumer Information and Insurance Oversight.
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Health insurance companies must provide easy-to-understand summaries of benefits and coverage and a glossary of terms under final rules issued today by the Obama administration.
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A program that allows McDonald’s Corp., the world’s largest restaurant chain, and the insurer Cigna Corp. to avoid providing the minimum health coverage mandated by last year’s overhaul will stop accepting applicants in September, the government said today.
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The state of Maine received a three- year waiver to federal rules in the 2010 health law that require health insurers to spend at least 80 percent of premiums on patient care, the U.S. government said today.
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