Kansas Insurance Commissioner Sandy Praeger asked federal regulators to give Kansas a waiver from regulations requiring health insurance companies to spend at least 80 percent of premium income on health care.
She wanted the waiver, she said, to prevent damage to insurance companies that do business in Kansas. Her request was denied.
The 80 percent requirement is part of the health care reform bill that remains President Obama’s signature achievement. The object is to force insurance companies to spend health insurance premium income on…
