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The Association of State Rate Review Authority with Health Insurance Premiums
1AcademyHealth, Changes in Health Care Financing and Organization. caroline.ticse@academyhealth.org
Abstract:
Key findings. (1) Adjusted premiums in the individual market in states with prior approval authority combined with loss ratio requirements were lower in 2010-2013 than premiums in states with no rate review authority or file-and-use regulations only. (2) Adjusted premiums declined modestly in prior approval states while premiums increased in states with no rate review authority or with file-and-use regulations only. (3) The findings suggest that states with prior approval authority and loss ratio requirements constrained increases in health insurance premiums.
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