Commissioner of Securities and Insurance Monica J. Lindeen today reminded Montanans to consider buying flood insurance long before the snow starts to melt. Flood insurance policies do not take effect until 30 days after purchase, making early planning essential to cover costly flood damage.
Commissioner of Securities and Insurance Monica J. Lindeen issued the following statement today on the release of a bipartisan agreement to fund Insure Montana through the next two years.
Montana must stop taking new enrollees into the state’s federally funded high-risk insurance pool by March 2, according to federal officials who wrote Insurance Commissioner Monica J. Lindeen last week.
Commissioner of Securities and Insurance Monica J. Lindeen today released the following statement on the deadline for states to decide whether or not to pursue state-federal partnership health insurance exchanges.
A Montana initiative led by Insurance Commissioner Monica J. Lindeen has earned national attention and won Montana a spot among only three other states in a learning collaborative that will help drive Montana’s effort to lower health care costs and improve medical outcomes.
More than a decade ago, then-Secretary of Defense Donald Rumsfeld famously summarized a quandary we face in national security: there are things we know, things we know we don’t know, and things we don’t know we don’t know. Rumsfeld took flak in the media for his wordplay, but the concept he tried to express is one that we face both in and out of the national security arena. In health insurance, for example, we know the cost of insurance and the cost of health care are out of control. Chalk that one up in the “things we know” category.
Commissioner of Securities and Insurance Monica J. Lindeen today fined Bozeman resident Scott Wacker and his company, Funky Shark, $40,000 for illegally selling investment opportunities.