February 25, 2011
HHS Announces $199 Million in Grants for Premium Rate Review Programs
The Department of Health and Human Services
announces $199 million in grants for states to help “create or enhance their premium rate review programs by ensuring proposed rate hikes are comprehensively reviewed and by bringing greater transparency and openness to the rating process.” Of the total funding, $22.5 million will be made available to states with larger populations or more health insurers and $27.5 million will be awarded to states that have the authority to approve or disapprove rate increases. A
fact sheet regarding the grants is available.