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WASHINGTON BUREAU – Florida has shut down implementation of the Patient Protection and Affordable Care Act (PPACA) as a result of a recent federal court ruling declaring the law to be unconstitutional.
Florida Insurance Commissioner Kevin McCarty said Tuesday at a meeting of the Florida Health Insurance Advisory Board (FHIAB)that PPACA, a major component of the federal Affordable Care Act package, “is not now in effect in Florida.”
McCarty said he is temporarily suspending an application for a waiver or adjustment of new health insurance medical loss ratios.
“We are going to take stock and see what our options are,” McCarty said.
Florida Stops Implementing PPACA - Regulatory,Legislative and Tax Issues - Life and Health Insurance News
Florida Insurance Commissioner Kevin McCarty said Tuesday at a meeting of the Florida Health Insurance Advisory Board (FHIAB)that PPACA, a major component of the federal Affordable Care Act package, “is not now in effect in Florida.”
McCarty said he is temporarily suspending an application for a waiver or adjustment of new health insurance medical loss ratios.
“We are going to take stock and see what our options are,” McCarty said.
Florida Stops Implementing PPACA - Regulatory,Legislative and Tax Issues - Life and Health Insurance News
