$100 Million in New Affordable Care Act Grants Help Fight Health Insurance Premium Hikes

Posted on September 22, 2011 by Michael Cassidy

The Department of Health and Human Services has issued a News Release describing how the Affordable Care Act Grants are working to help contain health insurance premium hikes. The Affordable Care Act earmarked $250,000,000 in health insurance rate review grants. This money is being awarded to states to allow them to do a variety of things to combat or control health insurance premium hikes such as:

·         Introduce legislation

·         Expand scope of rate review

·         Improve rate filing requirements

·         Improve transparency and consumer interfaces

·         Hire new staff

·         Improve IT

Check out the link for a complete copy of the report.

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