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Indiana insurance department studying Obama proposal

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A top Indiana insurance official says a state legal team is reviewing the details of President Barack Obama's announcement that Americans should be allowed to renew individual health coverage plans now set for cancellation under the federal health care law.

Chief Deputy Insurance Commissioner Logan Harrison says the Department of Insurance doesn't yet know whether state regulators have the legal authority to approve reversals of policy cancellations if Indiana residents request them. He says an agency legal team is closely studying Obama's proposal.

Harrison also says policy cancellation reversals may not even be practical. He says it's a time-consuming process that takes about a month to file, approve and transfer an insurance policy to the appropriate authorities.

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  • In Writing
    Does anyone actually have a proposal in writing to study and analyze? I was under the impression President Obama said they were going to do this but I have not been able to source any documents. It would be nice if the writer sourced the referenced proposal document that was being "analyzed".
  • Agency is correct
    Actually, government departments are often, and correctly, referred to as agencies. However, we understand how it could be misleading in this case, so we changed it. This was AP's headline, so it will show up in other newspapers around the state.
  • Get the name right
    The Indiana Department of Insurance is NOT an insurance agency. Laziness.

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    1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

    2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

    3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

    4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

    5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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