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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 Michigan Legislature passed a bill (SB 410) that would repeal a law passed in 1995 preventing lawsuits against pharmaceutical companies. Bloomberg Law reported that Gov. Gretchen Whitmer (D) was “likely to sign” the measure. (MICHIGAN ADVANCE, BLOOMBERG LAW, STATE NET)
Florida Senate President Kathleen Passidomo (R) sent a memo to her fellow senators last week saying her focus for the 2024 session would be “growing Florida’s health care workforce, increasing access, and incentivizing innovation, so Floridians can have more options and opportunities to live healthy.” The memo cited studies projecting the state would have nearly 18,000 fewer physicians and 37,400 fewer registered nurses than needed by 2035. It also indicated the chamber’s Health Policy Committee would be holding a workshop on Nov. 14 “to begin the process of fine tuning ideas, putting pen to paper, and of course, hearing more input from stakeholders.” (FLORIDA POLITICS, FLORIDA SENATE)
The U.S. Senate Finance Committee passed a package of healthcare reforms that would restrict some pharmacy benefit manager practices and prevent Medicare patients from paying more for medications than insurers do. The legislation builds on PBM regulations approved by the panel in July. (STAT, U.S. SENATE FINANCE COMMITTEE)
—Compiled by SNCJ Managing Editor KOREY CLARK