Legislation proposed by the Montana Commissioner of Securities and Insurance Monica J. Lindeen to create a state-based health insurance exchange is scheduled for hearing on Tuesday, February 1st, at 8:00AM, in the House Business and Labor Committee. HB124 is carried by Helena Representative Chuck Hunter.
Today Lewis and Clark County District Court Judge Kathy Seeley sentenced Helena resident and former securities broker Arthur Leroy Heffelfinger to 30 years with 10 years suspended and ordered him to pay nearly a million dollars in restitution. Heffelfinger was sentenced 10 years for each of three counts, which included operating a ponzi scheme, exploitation of an older person, and theft.
Monica Lindeen, Montana Commissioner of Securities and Insurance, today requested authority to review health insurance premium rate increases in a bill proposed by her agency and heard in the House Business and Labor Committee.
Health insurance customers who experienced high premium rate increases this year may be interested in a bill proposal by the Montana Commissioner of Securities and Insurance. HB 105 will give the Insurance Commissioner the authority to review rate increases by insurance companies. Currently, Montana is one of only three states in the country where health insurance premiums are not filed with the state insurance Commissioner. The bill is being carried by Rep. Robyn Driscoll of Billings and will be up for hearing on Tuesday, January 18th, at 8:00am in the House Business and Labor Committee.