Nebraska lawmakers are set to wrestle over a new cancer insurance bill that is coming to the Legislature. The bill concerns the use of chemotherapy pills and other such medications and whether or not insurance companies will have to provide coverage for these treatments. Typically, insurers provide coverage for cancer treatments given intravenously, but do not cover oral medications. In some cases, oral treatments are effective in stopping cancer, but insurers have claimed that coverage for this type of medication would be too expensive for both consumers and insurance companies.…
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Nebraska to withdraw from Nonadmitted Insurance Multistate Agreement later this year
The Nebraska Department of Insurance has announced that it will be withdrawing from the Nonadmitted Insurance Multistate Agreement (NIMA). The agreement is designed to allow participant states to allocate funds collected through premium taxes paid by insurance organizations. States participating in NIMA are meant to pool these funds, which can then be accessed by participants for a number of purposes. Nebraska regulators have chosen to opt-out of the agreement because it does not align with the state’s own laws and timetables regarding new federal changes to taxes and health insurance.…
Read MoreNebraska health insurance exchange needs 100k enrollees to be sustainable
The Nebraska Insurance Department has issued a new report to state lawmakers concerning the state’s health insurance exchange. Nebraska has been exploring its options on how best to execute the exchange program, hoping to find a way for the program to benefit both consumers and insurance companies. The state has yet to make any definitive action on the program apart from investigating how much it will cost and how it can be made self-sustaining. The new report may cast some doubt on the future of the program. According to the…
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