Friday, September 21, 2007

 

Lawmakers Vow to Look Behind String of Rate Increases Granted to Conseco

Four state lawmakers from Spokane have intervened on behalf of seniors who say they are being priced out of their long-term care policies.

State Sen. Chris Marr, Senate Majority Leader Lisa Brown and Reps. Timm Ormsby and Don Barlow, all D-Spokane, attended a recent meeting with the state insurance commissioner, deputy insurance commissioner and insurance agents representing seniors to address concerns that the state hasn’t used rigid enough standards for approving 14 rate increases granted to Conseco Senior Health Insurance Inc., during the past six years.

Long-Term Care Costs Scrutinized: Lawmakers Vow to Look Behind String of Rate Increases Granted to Conseco
Source: Insurance News Net

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