Enhances rate review examinations by the health care access bureau within the Massachusetts Division of Insurance.
This bill aims to strengthen the rate review examinations conducted by the health care access bureau within the Division of Insurance in Massachusetts. It mandates the bureau to review data and documents to examine causes of premium rate increases and excessive provider price variation. The commissioner is required to appoint specific employees, including a first deputy, a general counsel, a chief health economist, a chief actuary, a chief research analyst, and a chief examiner.
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