The Obama administration on Thursday rejected Florida's request for a waiver from Democrats' healthcare law.
Florida is the fifth state where insurers have been denied an exemption from the medical loss ratio provision that requires them to spend at least 80 percent of premiums on medical care or give rebates to consumers. Florida had asked for an MLR adjustment allowing insurers to meet lower thresholds of 68 percent in 2011, 72 percent in 2012 and 76 percent in 2013.
HHS turned down similar requests from Indiana and Louisiana last month, and from North Dakota and Delaware before that. The department has so far granted MLR adjustments to six states: Maine, New Hampshire, Kentucky, Nevada, Iowa and Georgia.
Waiver requests from six other states — Kansas, Michigan, Texas, Oklahoma, North Carolina and Wisconsin — are pending.