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SC Proposes Rate Cuts for Some Credit Property Insurance South Carolina’s Department of Insurance plans to cut the rates for some credit property insurance, which lenders sometimes require to protect...
States Eying Higher Electricity Rates for Data Centers At least a dozen states are considering ways to make data centers pay more for their power, with evidence mounting that data center demand is driving...
Evers Vetoes Insurance Reg Exemption for Direct Primary Care Doctors Wisconsin Gov. Tony Evers (D) vetoed a bill ( SB 4 ) that would have exempted primary care doctors who provide care to patients who...
A few months ago we reported on state legislation targeting “predictive pricing,” the use of “data analytics, machine learning and algorithms to anticipate market demand and adjust prices...
CA Regulators Complete Review of Wildfire Risk Model California’s Department of Insurance has completed a review of the state’s first wildfire catastrophe model, which property/casualty insurers...
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The Massachusetts House unanimously passed a bill (HB 4178) that would overhaul the long-term care industry, while the Senate unanimously approved a measure (SB 2492) addressing the growing costs of prescription drugs.
The House measure would expand the long-term care workforce, provide for the development of “small house” nursing homes, mandate infection outbreak response plans, and strengthen facility oversight, among other things.
The Senate bill, dubbed the PACT Act 3.0, would limit out-of-pocket spending for certain asthma, diabetes and heart disease drugs by requiring insurers to eliminate deductibles and cost-sharing for one generic drug and limit co-pays for one name-brand drug. (BOSTON HERALD, PATCH [NEW YORK CITY], WWLP [SPRINGFIELD], STATE NET)
The Illinois General Assembly unanimously approved legislation (HB 2394) that would allow the Illinois Department of Financial and Professional Regulation to batch-renew licenses for health care professionals and other workers that have been backlogged for months. If signed by Gov. J.B. Pritzker (D), the agency would also have to replace its outmoded computer system within six months. (CAPITAL NEWS ILLINOIS, STATE NET)
—Compiled by SNCJ Managing Editor KOREY CLARK
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